Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
•Target a property in the $800K–$1M range to maximize leverage while keeping costs manageable.2.Open a Second LLC:•Create a new LLC for this property acquisition to separate liabilities and maintain a clean structure.3.Assign Funds & Organize Finances:•Allocate funds to property improvements, marketing for new deals, and reserves for emergencies.
Lorraine Hadden
Hello BiggerPockets Community.
1 December 2024 | 5 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Orchid Djahangirian
New to real estate and looking to connect/get referrals for agents/lenders
8 December 2024 | 26 replies
However:Strategic Tax Planning: Work with a CPA who specializes in real estate to maximize deductions like depreciation, interest, and operating costs.Higher Rents for Premium Properties: Some investors offset the tax by focusing on properties in high-demand areas (downtown Greenville or near universities, for example) where they can charge a premium rent.Short-Term Rentals (STRs): Consider STRs like Airbnb, where higher nightly rates can make the numbers work better than long-term rentals.
Chad Gardner
Looking to house hack / move to Minneapolis/St. Paul. Help?
7 December 2024 | 9 replies
Maximize financing options, look for properties with value-add potential, focus on cash flow calculations, and consider nearby neighborhoods.
Ryan Ludwick
New Real Estate Investor: Looking to connect, learn, and take action
3 December 2024 | 12 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Andrew Steffens
Credit Card Points Hacking
6 December 2024 | 36 replies
I follow a program that teaches how to maximize points and buy discount travel.
Thomas Azoury
Convert garage w tenants
2 December 2024 | 17 replies
It's doing that but maximizing that when the time is right is also what I'm eyeing.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
@Brannan Beasley The $429.18 is simply the principle and interest required to pay down any $5k debt @ 5.5% in 12 months.If you take the time to understand in detail how each 'system' actually works, how to maximize using each, and approach each with equal financial discipline, then the easy and honest answer is to use which ever one(s) has the lowest interest rate(s).
Ava Petruso
Currently fix and flip but debating
5 December 2024 | 8 replies
Don’t get overly caught up in maximizing the outcome—what you’re gaining in real-world experience is invaluable.
Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
However, you are always going to need to reinvest cash flow into your properties to be able to maximize their value, or reinvest cash to to new properties to maximize your wealth over time.