
16 May 2024 | 8 replies
No, this is not the sexy HGTV-style version of real estate investing - it's the real wealth-building kind.

18 May 2024 | 6 replies
You are able to get a hard money style loan 50% of purchase of land , 100% of construction upto 65% of the ARV

17 May 2024 | 3 replies
Of course all 5 managers use different software and portals, each with their own style of reports.

17 May 2024 | 7 replies
Therefore, if your rental income doesn't keep up with inflation, you must consistently reduce your monthly expenses or return to work to compensate for decreased purchasing power to maintain your living standard.No matter how many properties you eventually own, unless rents outpace inflation, you can not achieve true financial freedom.Back to Your SituationYou stated, “I don't believe that the property will continue to appreciate or see the rent growth it has seen over the past few years.”

17 May 2024 | 9 replies
Data after line 10 would be calculations only and no need to input data since they are formula-driven.I am happy to share once complete but also wanted to poll other passive investors out there to see if they have a similar tool they use to look at two different style syndication deals side by side OR if you feel any criteria should be added to the list below.Thanks in advance.

16 May 2024 | 6 replies
STR Achievement Unlocked: I have a business partner who has an AI bot filling last minute vacancies on FB and, because sometimes it was too late for the canceling guest to get a refund, he sometimes runs occupancy above 100%.

16 May 2024 | 10 replies
If looking for stability, I would look at buildings built in the 1980s or newer, ideally townhome style instead of apartment style if a 4-plex, minimum 2 bedroom units.LEARNING RESOURCESI am going to try to keep up my blog here on Bigger Pockets specifically with 2-4 family units in mind.

20 May 2024 | 28 replies
Make sure you leave that new LLC as a disregarded entity, or if you bring investors on with you, make sure it’s taxed as a partnership (subject to Subchapter K).The only way to mitigate cap gains would be if the property appraised very close to its net tax basis.The other strategy at your disposal is to dissolve the S-Corp in the same year (though you really need to be in-line with your CPA on this one)… you should have more tax basis post- deemed sale, and that basis would help you achieve a capital loss on dissolution of your corporation.Talk to your CPA my friend!!

16 May 2024 | 11 replies
We bought our first 25 units and started to self manage out the gate, and have been since then, with over 2,200 units.Interestingly, A lot of our members in the J&G community start out with third party, and when they've achieved some scale, decide to bring in house.

15 May 2024 | 2 replies
This doesn't even include the land loan...which was almost as difficult to find too.Basically, we want to add another tiny house to the lot, and refinance the entire package in a commercial-style valuation.