Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
I fund land flippers in all these states and at your age I would be hunting down a parcel now U want to eventually move to...
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
The intention of this post was more towards asking a question rather than trying to find a note purchaser because I just started SFH and MHP investing not long ago and figured biggerpocket might be a proper place to post this question lol.
Jordan Meltzer
Where to invest my cashflow?
21 January 2025 | 9 replies
@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.
Chris Kittle
Wyoming LLC Set-Up and Recommendations
29 January 2025 | 12 replies
The proper answer is "it depends" I don't know anything about your case.I do prefer simple over unnecessary complexity.
Thomas Farrell
Johnson City/Knoxville, TN Investing
4 January 2025 | 0 replies
With this, I would like to implement the BRRR strategy but am having trouble estimating rehab costs.If anybody could help, or connect me with someone that could, I would greatly appreciate it.Thank you all and happy hunting.
Ernest Ho
Emotional Support Animal / Service Animal
19 January 2025 | 18 replies
This will get you the name on the dog on record designating that specific animal as their ESA.Good idea -- AND ask for additional rent/deposit, unless there is some legislation forbidding it for a properly registered service animal.My humble opinion, all this "emotional support" stuff is simply BS so they can take their precious animals everywhere they go and not have pay extra.
Jeremy H Barton
How Do You Create Your Partnership?
14 January 2025 | 2 replies
How would you recommend, or what resources would you refer for us to properly figure out how we spend our time and appropriately get compensated for it?
Will Greenlee
RentRedi Personal Experience - Do not recommend - Noticed BiggerPockets promotion
4 February 2025 | 3 replies
And here is where I actually got properly annoyed.
John Friendas
Cheapest Funding for No Electric Property
10 January 2025 | 4 replies
And how do I roll this into a cheaper mortgage (my dti would be too bad for another conventional).Maybe a lender would be able to consider the electric "working" with the proper inspection?
Brendan M Hornung
Sub-To Tax Advice Needed
4 February 2025 | 9 replies
If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.