Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
You are an extremely rare breed in being willing to discuss a sponsor in a negatively light publicly.
Nina Erlandson
Has anyone used Obie Insurance?
11 January 2025 | 54 replies
I'm coming up on policy renewal and, unfortunately, Obie no longer has a realationship with that carrier so I'll be curious to see what they bring to the table as other options.Overall, nothing negative to say about them.
David Pike
Ashcroft Capital AVAF2 Fund 2 Status - Potential Capital Call?
20 December 2024 | 22 replies
Rent growth has flatlined and will probably only moderately increase over the next 12 months so it really comes down to NOI growth from renovations and whether it will outpace the 3-4% negative return on cost that the properties are currently seeing.
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
Hi @Tim Holt I think in general house hacking is usually a good move because it gets you off the sidelines and into the game with the most favorable financing possible (30 year fixed).There's a lot of value in getting started today vs waiting some undefined number of years until conditions are better, which could be a long time from now, because real estate is a business and the sooner you start actually learning about that business, the better.With all that said, I always recommend that people analyze any potential house hack as a pure investment that they aren't going to live in, because someday they may want to move out and you should know up front (before you commit) whether you're going to be able to do that, or whether you're overpaying and will be stuck in the property unable to move out because it'll be cash flow negative if you do.So you had it exactly right when you wrote, "the property would need to cash flow when I move out and rent out all units."
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Sure there’s some truth to it and you hear a lot of people say it, but it’s pejorative and negative.
Brendan Finney
Investing in Omaha, NE.
7 December 2024 | 2 replies
I would like to invest here but there are two large hurdles: Negative cashflow down paymentI feel that Boston is a fantastic city to invest in.....if you are well capitalized.
Maria Jeanette
Advise on leveraging a Self-directed IRA to purchase real estate
9 December 2024 | 11 replies
The main negatives are UDFI (unrelated debt financing income), but that applies when there’s income.
Scott Trench
New Policy Idea: BiggerPockets to Send Wholesalers a $125 Bill For Every Solicitation
8 December 2024 | 14 replies
I understand the sentiment, but I think it will have more negative effects.The problem is with enforcement.
Andrew Liu
Buying Property From a Friend That's Cash Flowing Already?
2 December 2024 | 6 replies
I might've misspoke about the negative cash flow.
Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
Quote from @Kevin Sobilo: Quote from @Calvin Thomas: Quote from @Kevin Sobilo: @Griffin Malcolm, I don't have any statistics and I'm not sure there will be any that I would consider reliable.