John McKee
Looking back on 2024
3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
Kevin Collins
REI Nation Experience
31 December 2024 | 32 replies
I've had a lot of large repairs in the past year that just kill the cash flow.
Ashley Wilson
Pros and Cons of Joining a Coaching Program
20 January 2025 | 24 replies
Our program teaches people how to buy small to large apartments, but we don't pressure people to buy large apartments.
Carl Rowles
Flooded House-Plz Help
29 December 2024 | 14 replies
Quote from @Tim Horning: Hi Carl, I am going thru the exact same issue with my first rental; a large 3 unit house.
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
20 January 2025 | 11 replies
Especially as it relates to being able to rollover IRAs and old 401k money into a Solo401k.Self employment allows you to contribute large amounts to Solo401k to reduce FICA taxes.
Melissa Vass Scott
Canadian Wanting To Invest In The US Market, Is Ohio The Right Fit?
19 January 2025 | 11 replies
On top of that, the rent-to-price ratios in Detroit often outperform other markets, which can mean solid cash flow alongside appreciation potential as the city continues to grow.The key with Detroit is understanding the nuances of the market—it has a large footprint, and neighborhoods can vary drastically, even block by block.
Robert Medina
Need some advice on buying another property
24 December 2024 | 3 replies
With BRRRR you typically need to buy a house that needs a LOT of work because you need to get it cheap enough and do a large enough rehab to increase the value WELL ABOVE what you have invested into it.
David Denney
Need advice. 3 way LLC / partnership set up
27 December 2024 | 2 replies
some things to things to be aware of;My father and I have found the deal and will be completing 90% of the rehab.The friend has lots of capital and is able to provide large sums of cash if needed.
Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
I plan to leave them enough that they can afford to buy a house or start a nest egg, but I am not leaving large sums to them.
Frank Alfano
New to BiggerPockets: Seeking Tips on Private Lending - Finding Multifamily Property
22 December 2024 | 12 replies
I collaborate with large custodian companies.