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Results (10,000+)
Luc Brieger Intro Into Bigger Pockets
23 November 2024 | 2 replies
While I’m just starting out in real estate, I’m determined to build equity and achieve financial freedom through thoughtful investments.Here’s a little about me:I’ve been exploring wholesaling and land investing as potential entry points but haven’t made my first deal yet.
Dave Estochen HELOC on a Rental Property - Pros & Cons
23 November 2024 | 7 replies
Does anyone have experience doing this in today's market?
Matthew Hull “Cash” Offer Vs Hard Money - Same?
23 November 2024 | 3 replies
Those alternatives don't exist today (generally) so you should be fine just saying its financed. 
Sarah Moore Crazy Idea to get started. What do you think?
24 November 2024 | 19 replies
There was some earlier advice to self-manage when under 10 units, and financially that makes sense if you want to run lean and do it yourself.
Charlie Martin Purchase under an LLC or not?
25 November 2024 | 7 replies
If you have two or more members of the LLC you'll file a business return and then have those financial flow over to your personal return via K-1.
Rafal Soltysek RE investing strategies
18 November 2024 | 6 replies
Are you looking for income today, or are you more interested in long term growth?
Bruce Schussler To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Shayan Sameer Found a multifamily investment property - worth a deal?
24 November 2024 | 9 replies
Assuming you have done those, understand the area and the demographic and hopefully have some idea of the financials for the property, then you need to underwrite the deal.  
Edward Segaar Cost for a CPA
23 November 2024 | 6 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.