Samuel Kim
Real estate professional status 750 hours doable?
31 January 2025 | 27 replies
Which makes my answer, as opposed to yours, applicable.Especially since I qualified mine by adding "...unless she adds more real estate work"Your argument reminds my of an old joke:- Doctor, will I be able to play violin after this surgery?
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
I have other existing consumer products.So I would outfit the RV with Solar and Starlink to provide power and internet at all times.
Chanel Snerling
New Here Intro & Advice
24 January 2025 | 7 replies
My biggest conundrum now is I want to be my own GC because even when I play with smaller numbers they’re still out of reach for me to be able to attain this goal and afford the monthly mortgage with taxes and insurance.
Chris Seveney
Is it really this bad with syndicators?
16 January 2025 | 19 replies
Quote from @Chris Seveney: @Jay HinrichsGreat points - yes many are from here on BP such as a bearded guy, a guy who threatened to sue a LP and still doesn’t respond according to his investors, two other “note funds” one investing in skidrow homes and the other in broadway plays….
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
And that appreciation earns you borrowing power.
Martin Jones
Raising Capital When First Starting Out
16 January 2025 | 4 replies
When you have a proven track record of performance, then you can play with other people's money.
Alec Dressler
How to Determine Public Interest in a Potential Airbnb Property?
13 January 2025 | 15 replies
It has solar power, a compost toilet, and other things of that nature to be self-sustaining.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Leverage and invest at 40x $100 000 properties ($20k down + $5k closing cost, 30 yeas fix rate loan) with a return of 10% where you have better asset protection (my keeping lower equity and higher bank position), you are hedge against inflation (agree with me, in 30 years $1 000 000 purchasing power will be less compare than $1 000 000 today) Here is how looks mathematically:1. 10% on $1 000 000 (10x $100 000) = $100 000 / annually - No interest tax deduction- No loan paydown benefit2. 10% on 1 000 000 (40x $100 000) = $400 000 / annually - debt service + full tax benefits+ loan pay down+ hedge against inflation for 30 years+ better asset protection (by maintaining lower equity position) + (not guaranteed of course) if appreciation happens, it happens on the all full asset amount, example:If appreciate 10%:In case "1" you will have 10% on $1 000 000 = $1 100 000In case "2" you will have 10% on all 40x properties (40x $100 000 = 4 000 000) = $1 400 000As far as cash flow, as long you buy "right" CAP 8% and higher you will have stronger cash flow on leveraged asset + all additional benefits.
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
Talk to house hackers because that would be a great way to start, but you are also advanced with money so you may find smarter options that act more like index funds (syndications).Yes I was actually looking at syndications that was going to be my next research topic that seems extremely interesting and powerful syndication seems like an awesome way to diversify without getting my hands dirty necessarily.
Jaedon Stout
Looking for Real Estate Investment Strategies Using Funding
13 January 2025 | 5 replies
This means no DTI, personal income verification, or tax returns are required.They’re also becoming a powerful tool for BRRRR investors during the refinance stage.