David C.
How to fund a solo 401k with rental properties
26 March 2024 | 9 replies
It does have its place, but that is more geared toward a discussion with a tax professional.
Katlynn Teague
Flippers, What neighborhood do you think is the most "up and coming" in your market?
25 March 2024 | 4 replies
This question is geared toward my Atlanta Investors, What neighborhood do you think is the most "up and coming" right now?
Maria Murphy
Tips for finding property owners & sourcing deals in Spain?
25 March 2024 | 3 replies
But yeah, but for one, I don't think the agents I am in touch with are that helpful and geared toward working with investors or willing to share good deals with foreigners/people they don't know.Good to read that you're able to find adequate opportunities.
Matthew Raby
Introduction Post as a newly Pro Member
24 March 2024 | 4 replies
There are lots of meetings every month and some geared toward flipping, new investors, multi family etc.
Sean McLaughlin
Sam Primm Faster Freedom Program
24 March 2024 | 15 replies
After leaving my job and going full time in real estate is when I really started to kick things into a higher gear and really understand how to leverage real estate to create extraordinary amounts of wealth.
Ashly Frasso
Hello BP Team and Investors
21 March 2024 | 4 replies
Now, we are gearing up for our next project and are eager to connect with investors and wholesalers to make another successful deal happen.Talk to you soonAshly
Dalton Dillon
Questions regarding ARV & appraisal
21 March 2024 | 10 replies
You`re right,The No-Comp Conundrum surfaces when duplex comps are scarce, throwing a wrench in the appraisal gears.
Zico He
New to this in Canada
19 March 2024 | 1 reply
A lot of information on here is geared to the US, but there is a decent group of Canadians on here too.
Roman Pantojas
GoldenDeals: Condo Convert!
17 March 2024 | 0 replies
Our astute clients, armed with 30% investment into the property, are gearing up to transform these units into coveted condos.
Jerry Callow
Keep or Sell?
17 March 2024 | 17 replies
the answer i'm giving is based on the assumption that you do not want to / can not float the negative cashflow any longer. and note: even if appreciation / debt paydown / tax benefits strongly outweighed the negative cashflow, most investors wouldn't want to / couldn't float that. so that said, i say SELL. you have just over a million dollars in equity (minus transactional costs when you sell), and you could do a 1031 exchange into a ~4 million dollar CASHFLOWING property. i invest long distance into value-add multifamily on the west side of chicago. gearing up for my next deal right now. in that price range you could easily get a value-add multifamily with potential to cashflow 15k/mo+++ (up to 40k/mo) once it reaches its full potential. it sounds like you're in markets that are probably strong for appreciation and weak for cashflow (with the long term rental strategy). if cashflow is your goal, 1031 into value-add multifamily in a higher-cashflow area. don't let having to pay commissions during the sale stop you. you're already losing so much annually; you have to stop the bleeding at some point. also note that right now, with the way these two properties are losing money, that might negatively affect your borrowing power when you go to buy the family home. feel free to dm me if i can help in any way!