Robert Quiroz
Buying with cash vs financing
2 December 2024 | 33 replies
What happens when you add purchasing power into a product shortage environment?
Edward Suess-Hassman
How to Start Out in Real Estate Investing in a High Cost of Living Area
4 December 2024 | 33 replies
Now this might be controversial and some people may disagree with me (even some of my coworkers here at BiggerPockets may have a different opinion which I completely welcome), but I really don't think you should invest OOS in this current macro environment with less than $100k (down payment + reserves).
Jorge Abreu
💰 The Power of Long-Term Thinking & Creating Generational Wealth
26 November 2024 | 2 replies
Acquiring nicer assets not only provides a better living environment for tenants but also contributes to long-term appreciation and value.
Dalton Dillon
Appraisal came in low
26 November 2024 | 6 replies
Your numbers are way too tight, especially in today's environment.
Chris Brown
Note Investing Training Programs
27 November 2024 | 18 replies
There are very few sellers of notes right now, so who are you buying and selling too.You are going to be sadly dissappointed and realize after 3-6 months you probably wasted your money.Your best bet is to join some groups on FB or elsewhere and start to learn that way.Let me ask you this question: Have you spoken to any note investor out there to ask them about the environment today to actually get into notes?
Henry Clark
Self storage- Political impact November 2024
25 November 2024 | 2 replies
They are made out of Core Ten Steel, to resist Saltwater environment which requires Virgin Steel.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
Unless you know your way around, Mexico is still a long way from having an investor friendly environment.
Bruce Schussler
To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Carlos Ptriawan
Don't become passive investors
1 December 2024 | 91 replies
Most of these guys have never seen a high interest rate environment.
Lucas Schlund
How Do You Get Around The 90 Days Per Year Regulation In Detroit?
26 November 2024 | 19 replies
@Lucas SchlundI just read an interesting article about the Detroit STR market environment on Steadily’s blog.