Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
Some months I’ve unfortunately had to pay like $150 out of pocket but I’m Planning on holding long term wise and the let the rental bare fruit later in my life because I’m only 22 and just wanted a base hit or a rental in a great neighborhood.
Victor Tofilski
Why is my unit still vacant?
31 December 2024 | 49 replies
Quote from @Victor Tofilski: @Joe VilleneuveThe other unit was a unique circumstance the tenant only needed a place for 6 months before he moves again so I gave him a different price to account for future vacancy.
Dustin Sanders
Any 10-15% DSCR Loans?
19 December 2024 | 26 replies
@Dustin Sanders Unfortunately, I will be shocked if you find this. 20% down is hanging on by a thread based on where rates are at and the general anxiety over declining real estate values. 20% down is the minimum I'm seeing.
Leah A.
Seller looking for wholesaler
27 December 2024 | 16 replies
Unfortunately I don't buy in Milwaukee (I stick to the chicagoland area), but if you deal with wholesalers put in a clause or have an addendum they have x business days to find a buyer and resell the contract if you do sign.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
Quote from @Jed Butikofer: Unfortunately, it takes money to make money.With high prices and high mortgage rates, cash flow is difficult to find and we may not see a return to the 2018 market for a while.
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
19 January 2025 | 18 replies
It’s such a big leap of trust, and unfortunately, there are agents who don’t always live up to what you need in this process.An out-of-state investment can be daunting, and it’s so important to have someone in your corner who truly understands your financial goals and is committed to building a relationship beyond just getting to the closing table.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
The market you’re looking into might be high cost and hard to break into, but unfortunately that is not going to get any easier over time.
Craig Oram
JWB experience - My thoughts, let me know yours
30 December 2024 | 24 replies
Unfortunately it's not practical in a rental unit.
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 replies
It's unfortunate that I am just now finding out about the community and resources Dr.
Yonathan Cabrera
Locating Gap Funders?
22 December 2024 | 7 replies
Unfortunately most lack the balance sheet to obtain favorable financing, can't afford to put any skin in the game and fail to make a compelling reason for why the investment makes sense or to justify the structure they are seeking.