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6 February 2025 | 3 replies
Quote from @Virginia Frost: I'm always looking for a good opportunity but honestly my next purchase will probably be something that I don't have to do a total overhaul on.
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7 February 2025 | 1 reply
Hey, would I be able to get out of a home purchase with this clause I put in?
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16 February 2025 | 4 replies
My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years or just move.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.
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7 February 2025 | 7 replies
Hey, would I be able to get out of a home purchase with this clause I put in?
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18 February 2025 | 7 replies
My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.
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12 February 2025 | 8 replies
@Stan MendozaRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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7 February 2025 | 31 replies
I reside in FL, so I would like to purchase in neighboring states if possible, but I heard Ohio is a great market.
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7 February 2025 | 0 replies
If I were to purchase an Airstream to use as lodging while I travel across the US to my rental properties, make repairs, and perform lease turnovers, would I be able to not only deduct fuel and campground costs but also depreciate the purchase price across 5 years?
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25 February 2025 | 21 replies
I look to purchase first property with in the next 2 months with VA loan.
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25 February 2025 | 3 replies
Dear All:
I am new to Bigger Pockets. Have been searching for some listings for apartment buildings. I have two questions:
(i) Where can I find commercial listings on the Bigger pockets platforms?
(ii) Can anyone ...