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8 February 2025 | 8 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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9 February 2025 | 12 replies
I am finally at my two year mark not being W2 so if I can skip past DSCR loans and the such that would be much preferred as I dont want to pay the fees if I don't have to as I am trying to get some money I put into each unit to renovate back out of it.
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5 February 2025 | 7 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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7 February 2025 | 8 replies
I've seen investors lose tens of thousands every year before they finally get serious about learning how to manage.
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12 February 2025 | 27 replies
Then one of their coaches threatened to back out but the student finally was able to get through to Tyler, they worked it out but now they need even more money for the contract extension.
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16 January 2025 | 20 replies
Hi! I am Brandi. Been listening to bigger pockets for about a month now (literally everyday, at every moment I have spare time LoL) and am learning a lot. I have been interested in real estate investing for a long tim...
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14 January 2025 | 1 reply
Hello Everyone,Joined a few years back and really like listening to the podcasts on my way to work. Lots of good information and entertaining too. Little about me. Right now I'm living in Baltimore, still working 9-5 ...
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25 January 2025 | 5 replies
How many contacts/leads are resulting from this?
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31 January 2025 | 3 replies
., Those don't equal business results as Google Ads is ideal for lead generation.
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7 February 2025 | 25 replies
That would be fair, but instead, they make you shoulder all the risk.I complained twice, and they finally agreed to let me out of the deal but kept my $10,000.