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Results (10,000+)
Sokun So STR Co-Hosting / Property Manager OTA Setup
27 June 2024 | 1 reply
Seems like a potential issue if I stop working with them in the future and lose all access to the listing completely.I currently manage an STR in my local market, but a property manager I spoke to insisted that they handle all the setup on the OTAs vs having the listing under my account and giving them cohost/PMS access.This is my first time dealing with a property manager so I was wondering what everyone's experience is like in this business relationship.Secondary question:As an experienced cohost, do you care if it's an old or brand-new listing?
Sumit Kaul loan agains equity/etf vs 401K vs other options
27 June 2024 | 2 replies
Here are some options and considerations:Loan Against Equity/ETFs:Margin Loans:Description: Margin loans allow you to borrow money using your investments (such as stocks or ETFs) as collateral.Pros:You retain ownership of your investments.Generally quick access to funds.Interest rates can be relatively low compared to other types of loans.Cons:Your investments are used as collateral, so if their value declines significantly, you may face a margin call (requiring additional funds or securities).Interest rates can vary and may be higher than traditional loans depending on the lender and your creditworthiness.Securities-Based Line of Credit (SBLOC):Description: Similar to margin loans, SBLOCs use your securities (stocks, ETFs) as collateral, but they typically provide more flexibility and may not trigger margin calls as easily.Pros:Allows for ongoing access to funds as long as your collateral remains sufficient.Interest rates may be competitive.Cons:Similar risks of potential margin calls if the value of your securities drops significantly.Terms and interest rates can vary widely among lenders.Comparison with 401(k) Loans:401(k) Loans:Description: Borrowing from your 401(k) allows you to access funds without selling investments, using your retirement savings as collateral.Pros:Typically low interest rates.No credit check required.Interest paid on the loan goes back into your 401(k) account.Cons:Usually capped at a percentage of your vested balance (commonly up to 50% or $50,000).If you leave your job, the loan may need to be repaid immediately or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that equity at typically lower interest rates than unsecured loans.Pros:Lower interest rates compared to other types of loans.Interest may be tax-deductible if used for home improvements (consult a tax advisor).Cons:Your home serves as collateral, so failure to repay could result in foreclosure.Personal Loans:Description: Unsecured personal loans can be used for various purposes, including investing, but typically have higher interest rates than loans secured by collateral.Pros:No collateral required.Funds can be used for any purpose.Cons:Higher interest rates and stricter eligibility criteria based on creditworthiness.I am a loan officer and we do some of the loans stated above.
Nick Brubaker Anyone verify that the BP rental forms are legit in Georgia?
27 June 2024 | 8 replies
Hello folks in Georgia / Atlanta,The Bigger Pockets Book On Rental Property Investing provides access to a comprehensive list of 34 forms that would be useful to a landlord including things like a lease agreement, application, late rent notice, move-in-move-out agreement, estoppel agreement, tenant phone questionnaire, pet addendum, etc. etc. etc.  
Don Konipol Correcting the Top 10 Mistaken Beliefs About Wholesaling
29 June 2024 | 12 replies
In a way wholesaling is a lot most things, it CAN be done, by people with the knowledge, experience and access to capital to do it successfully (like subject to!).
Justin Gaskill Downtown Charleston Renovation
27 June 2024 | 0 replies
I have an extensive network of properties and being a licensed realtor myself I have access to things that aren't brought to market How did you finance this deal?
Alan Wolkov Land Investor Course Recommendations
27 June 2024 | 28 replies
Please think about this between now and then; bare bones, you need some education and access to tolls (assessor data and bulk mail printing) to but property right.
Justin Gaskill Downtown investment Max Profit
27 June 2024 | 0 replies
I have an extensive network of properties and being a licensed realtor myself I have access to things that aren't brought to market How did you finance this deal?
Jerry Sanford Starting out in owning real estate
28 June 2024 | 14 replies
It's also good to have access to other people who have done the things you're trying to do.
YuYing Chen The Journey of a Rookie
28 June 2024 | 17 replies
But I would have the access to the MA MLS also, that can be helpful in terms of wholesaling. 
Jesse Dickens Has anyone used Credit Stacking to build business credit?
26 June 2024 | 10 replies
It's a program that helps/teaches you how to access business credit to fund your business endeavors.