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28 January 2025 | 3 replies
It is fine as long as you disclose in the listings that there will be other guests on the property.
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10 February 2025 | 30 replies
As far as commercial goes, we've been seeing a lot of activity in the multi-family and self-storage space.
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12 February 2025 | 3 replies
Often, I am not able to keep all of my ira funds invested in active loans so I would like to be able to keep the money that is not invested in loans in a liquid "money market" type of fund on a temporary basis.
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10 February 2025 | 3 replies
I’m looking to build connections with realtors here in the DFW area, as I’m eager to explore opportunities and share knowledge with professionals in the real estate industry.If you're a realtor or involved in any real estate activities in the DFW region, I’d love to connect and collaborate.
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17 February 2025 | 9 replies
It pays to know when to just hire an independent financial advisor and do what you do best.In my 45 years as an active investor across real estate, businesses, commodities, and almost everything else I’ve developed a few “rules” that I believe should never be violated 1.
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4 February 2025 | 10 replies
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, Repeat, focuses on long-term investment, while the Fix & Flip approach involves purchasing, renovating, and selling properties for a profit.Investing in Airbnb rentals presents a distinct set of challenges, requiring active management and a thorough understanding of local regulations, but it also has the potential for higher returns.Here is a concise overview of the advantages and disadvantages of each method:Fix & Flip:Pros.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
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13 February 2025 | 1 reply
One of my goals is to go through my past tax returns, and figure the ROI my rental properties with taking into account the tax savings (I typically calculate the ROI on net cashflow at the end of the year)I have a W2 so I generally aim to maximize my pre-tax accounts - 401k, HSA, IRA to a backdoor Roth IRA, 529My "losses" would be passed forward since I don't qualify as a RE professional nor have active RE losses.
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17 February 2025 | 13 replies
Not sure how active he is on BP, but you might be able to get some insight from someone who was in a similar position.
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28 January 2025 | 13 replies
People like it because you don’t need to own property—just lease it, list it on Airbnb, and make money if guests pay more than your rent and expenses.The catch?
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14 February 2025 | 7 replies
I'm in Orlando and active in residential real estate as a Realtor® and also serve on the board of CFRI, the local chapter of the National REIA.