![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1824272/small_1694755500-avatar-scottw381.jpg?twic=v1/output=image&v=2)
23 January 2025 | 11 replies
Really interested in investing in this market and would accept a relatively low return (or even a break even scenario because i believe in continued appreciation potential here).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164111/small_1735912763-avatar-jennas75.jpg?twic=v1/output=image&v=2)
10 January 2025 | 1 reply
From what I’ve seen in Forbes, the infromation on market trends can also help pinpoint the best neighborhoods.One last piece I’d consider: do some legwork on rent comparables in the area so you’ll know your break even numbers from day one.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/555952/small_1723663591-avatar-jeremyb37.jpg?twic=v1/output=image&v=2)
24 December 2024 | 1 reply
Yes, even during the festive season, the real estate world doesn’t take a break.Let me share two stories that drive home the importance of acting quickly in this business.The $40k Christmas Miracle: A few Christmas mornings ago, one of our rockstar team members, was enjoying some holiday downtime with his family.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/465658/small_1737630055-avatar-carlosm39.jpg?twic=v1/output=image&v=2)
11 January 2025 | 4 replies
Let’s break this down because there’s a lot to unpack here.The real question is, how well is that debt working for you?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2680148/small_1679595083-avatar-bradr174.jpg?twic=v1/output=image&v=2)
13 January 2025 | 5 replies
Here's how they break down:Fannie Mae HomestyleMinimum Down Payment: 3%-5% (Primary Residence) & 20% Down (Investment/Second Home)Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: Per County Loan LimitsOccupancy Types: Primary Residence, Second Homes, and Investment PropertiesUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements (e.g., new roofing, foundation repairs)-Cosmetic Enhancements (e.g., new flooring, updated bathroom/kitchen fixtures)-Energy Efficiency Upgrades (e.g., solar panels)-Accessibility Modifications (e.g., ramps, widened doorways)-Luxury Items (e.g., pool)-LandscapingNot Acceptable Renovations:-Commercial Use (e.g., turning a residential property into a commercial property)-Temporary Structures-Non-Residential Buildings (e.g., barns, stables)FHA 203(k)Minimum Down Payment: 3.5%Minimum Credit Score: 620Minimum Loan Amount: $50,000Maximum Loan Amount: $524,225Occupancy Types: Primary Residence ONLYUnit Maximum: 4 UnitsAcceptable Renovations:-Structural Improvements/Reconstruction (e.g., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/555527/small_1695776407-avatar-samuelc7.jpg?twic=v1/output=image&v=2)
13 January 2025 | 8 replies
Here’s how I’d break it down and strategize your entry point.Key considerations include the current and pro forma cash flow.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/104705/small_1682356023-avatar-gaspony.jpg?twic=v1/output=image&v=2)
12 January 2025 | 8 replies
“Depreciation” is a wonderful tax benefit over the course of 27.5 years, but unfortunately, it isn’t a tax break per se, merely a deferment.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/852424/small_1621504459-avatar-maxwells6.jpg?twic=v1/output=image&v=2)
25 January 2025 | 26 replies
Figure out how many sales you need to break even.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2810666/small_1694563681-avatar-nilushaj.jpg?twic=v1/output=image&v=2)
16 January 2025 | 12 replies
The market is at historic highs and could break at any moment.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3158029/small_1734554333-avatar-delb10.jpg?twic=v1/output=image&v=2)
14 January 2025 | 16 replies
I am the first in my family to do REI and my goal is to break the tradition of working for a salary for 40+ yrs only to retire on what I hope will be enough to start living freely.