Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
Favorable Leases: Tribes can offer long-term leases (up to 99 years) with attractive terms, allowing access to land without full ownership.6.
Hank Bank
Starting My Real Estate Journey: How Can I Leverage a Paid-Off Townhome?
24 January 2025 | 11 replies
Nothing illegal about doing that, but if caught, the lender may call the loan due and if you don't correct the situation or pay the loan off, they willstart mortgage foreclosure.3) You could also go the HELOC route to tap the equity in the home, but the 12-month owner-occupancy will also apply AND the interest rate on the HELOC will fluctuate with the Fed Fund Rate.4) You could do a cashout refi as an investment property, but that will be at an interest rate 0.5-1% higher than owner-occupied rate.Suggest you meet with 2-3 lenders to explore your options about the above.Once you have access to funds, recommend you buy a 2-4 unit with 20-25% down. - You can buy owner-occupied, live in one unit, and fix up and rent the other unit(s).- If you're handy, recommend buying a property in the worst condition you can tolerate.
Nish Chakilam
New and Aspiring Investor
1 February 2025 | 3 replies
Your financial background is a huge asset, and it’s great that you’re starting locally in Milwaukee while keeping an eye on future expansion.If you’re looking to connect with like-minded investors, the Rental Property Association of Wisconsin is a fantastic resource for networking with rental portfolio owners, accessing legal resources, and finding contractors. https://www.aasew.org/For mentors, funding sources, and flippers, the Milwaukee REIA is another great group to explore. https://www.milwaukeereia.com/I’m a member of both and find unique value in each—maybe we’ll cross paths at a future meeting!
Tom Borton
Help me analyze: Potential STR mountain cabin build (Packwood WA)
10 January 2025 | 14 replies
If you can design something like that and hit those rental numbers than you're going to be very, very happy with the investment.
Lauren Frazer
2025 shift from Sales to Investment!
24 January 2025 | 4 replies
Could help you save some serious $$ if buying and selling there and can also get you access to their MLS systems.
Mike Christiansen
Real Estate Investor
13 January 2025 | 4 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
Dillon Clark
Some questions about future investment
30 January 2025 | 6 replies
I recently purchased my home in October 2023 (before starting my real estate investing journey), so I don’t yet have access to any substantial equity.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
It's part of the VAs job to do this every day.Smart Banking/Tools: Full disclosure, I work at Baselane, a banking and finance platform designed for landlords.
Chris Kittle
Wyoming LLC Set-Up and Recommendations
29 January 2025 | 12 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
David Heyburn
Ivory Home Pre-designed materials packages?
21 December 2024 | 1 reply
It sounds like an incredible resource, for $200 having a fully designed materials and fixtures schedule to pair with a labor only GC or a GC that can work well with a prescriptive materials schedule. https://ivoryhome.co/predesigned-packages/Just curious how other people’s experience has been.