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16 February 2025 | 17 replies
Eviction details, line of work, years on the job, and some quick frontend DTI math.
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12 February 2025 | 5 replies
The more detail the better.
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7 February 2025 | 6 replies
Can you give more details on your numbers, purchase prices, rehab costs, time to complete rehab, ARV, monthly rent?
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5 February 2025 | 16 replies
As far as meetups, CIREIA is a great group - I am going to another investor meetup next Wednesday that I will PM you details.
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17 February 2025 | 0 replies
I know that real estate is super specific to the locale, and I'd love to hop on a quick call with someone who has context in the Columbus market.Without digging too much into the details, I'm under contract for a duplex in the Franklinton area.
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17 February 2025 | 3 replies
Here are the key details of my situation:Rental Property Details (Note: This was our primary home till 2017):Current Value: $970,000 to $1MPrimary Mortgage Loan Balance: $505,000 (@ 2.6%)Took Home Equity Loan on this house to make down payment for my current primary residence.Home Equity Loan Balance: $123,000Total Loan Balance: $628K (Primary Mortgage + Home Equity Loan)Rental Status: OccupiedPrimary Residence:Purchased in 2022Mortgage Rate: 7.3%Current Loan Balance: $650KMy goal for 2025 is 2 fold: #1.
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10 February 2025 | 20 replies
Quote from @Jimmy Lieu: Quote from @Andrew Syrios: The BRRRR strategy is tough these days (I even wrote an article about it that goes into more detail a little while back: https://www.biggerpockets.com/blog/beyond-brrrr-taking-advan...)In short, high interest rates as well as labor/material costs makes it hard to buy a property with debt and cash flow.
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16 February 2025 | 8 replies
Since fix-and-flip income is classified as active income, taxed at ordinary rates, this setup helps minimize overall tax liability.To protect both members, draft a detailed operating agreement outlining roles, ownership percentages, profit-sharing, and an exit strategy in case the business dissolves.
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2 February 2025 | 8 replies
Hey Anthony, yeah just some additional details.
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3 February 2025 | 1 reply
Generate a comp set in Pricelabs and you can go into finer details on what others are charging.