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Results (10,000+)
Juan Rodriguez Adding storage sheds to 7plex
27 June 2024 | 5 replies
If they don't use them, then you can advertise and rent out to anyoneGood Luck!
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.  
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?
Rachelle Bisaillon Newbie to Screening Long Term tenants shady screening
28 June 2024 | 5 replies
Quote from @Rachelle Bisaillon: I recommend you include some of your key qualification criteria in the advertisement.
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?
Rereloluwa Fatunmbi Seeking Advice on Renting Newly Renovated Home in Akron, OH (44306)
27 June 2024 | 14 replies
I also advertised on facebook market and got a lot of interest.
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.