
6 February 2025 | 2 replies
You can use this property to hedge any others that you add that may only cover themselves, or require supplement until they are paid off.HOWEVER, if you have decided that your goal is to use Real Estate as a stepping stone to build wealth by upgrading the property you hold each time (condo to house, house to 4-plex, 4-plex to 8 unit, etc) then I think you are right to sell now while you think the property is at the top of it's appreciation.It will be hard for anyone on BP to tell you what to do as we don't know your goal.You are right.

4 February 2025 | 6 replies
Have you read, "Long-Distance Real Estate Investing" by David Greene?

6 February 2025 | 2 replies
A while back, a friend of mine stumbled onto a Virginia closing cost assistance program that wasn’t widely advertised..ended up saving $5K just by asking the right questions.

3 February 2025 | 11 replies
Don’t be distracted by people with other plans and ways.

31 January 2025 | 7 replies
@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.

5 February 2025 | 6 replies
@Jason Sinclair, having a designer for a wife, I would answer that it really depends heavily on each house, the flow and usability of the spaces as they are, and the overall use of space in the house as a whole.That being said, while there may be a small shift towards more separated spaces, "open concept" is by no means dead, and in many markets, most people seem to still want to have connectivity between their communal spaces.In fact, my wife's current flip is a split level (although technically it is a split-foyer), and she is taking out a structural wall to connect the kitchen, dining and living areas.

5 February 2025 | 4 replies
@Kwanza P.I've owned property in both countries for years.When it comes to Mexico, I've shared my experience by replying to hundreds of posts on the topic on the forum.

3 February 2025 | 8 replies
I'm a financial planner by profession so you'd think the default answer is, "heck yeah, always hire a planner!"

23 January 2025 | 30 replies
BUT………when asked a DIRECT question, it behooves the person attempting to build trust to provide a truthful direct answer, not insult the person asking the question and not by saying I don’t have to answer that, and not by stating the same unclear statement that was the Catalyst for the question.

1 February 2025 | 5 replies
Interest rates decreasing a little more will be necessary to make this possible, too (DSCR loan).Also I will have another deal refinanced by then and gain about $70,000 of capital from refinancing that.