Austin Powell
Tips for First REI/House Hack Deal
12 August 2024 | 10 replies
You can find loans anywhere between 0-5% down depending on your individual circumstances. 4) I am unfamiliar with jacksonville laws and regulations, but in general, a property with unused space is ideal for these conversions.
Spencer Cuello
Multi Family Syndications
7 August 2024 | 9 replies
I am happy with both and they have been in operation for multiple decades so your mind is at ease working with these groups.Due to unforeseen circumstances I am actually looking to sell one, if you interested PM me:https://www.biggerpockets.com/forums/517/topics/1194691-equity-shares-available-houston-and-atlanta-multifamily-portfolios
Matthew Drouin
Using your self directed IRA to buy real estate is stupid!
9 August 2024 | 39 replies
I tend to agree that often it doesn't make sense to hold an already tax-advantaged asset class within a retirement account, however I wouldn't call it stupid.What makes sense is going to depend on the person's facts, circumstances, and goals.
Margarita Bozhenkova
Seeking Advice on Challenging Partnership: How to Minimize Losses and Move Forward
11 August 2024 | 8 replies
The roof leaks and has to be repaired by the time the rain comes and there's no heating or AC units.The partner’s focus on finishing the project to perfection rather than timely completion has further delayed progress, and our financial situation has worsened as we struggle to pay the mortgage.Given these circumstances, we’re considering selling the property.
Daniel Khan
How to get started in real estate development?
12 August 2024 | 22 replies
Get to know your lenders, be aware of your spending, and perhaps budget a little extra for unforeseen expenses—trust me, they will arise.Location is everything, and this isn't just a platitude.
Frank Patalano
So what's holding you back?
19 August 2024 | 3705 replies
LOL.It was probably the best ROI I could get under the circumstances.
Alex Silang
Should I wait a year for lower interest rates to buy something? Why buy now?
9 August 2024 | 4 replies
Assessing the current market conditions and property values in your area can provide a clearer picture.Current Market Dynamics: Consider other factors like inventory levels, the competitiveness of the market, and personal circumstances.
Dennis S.
New Investor - Cash vs. Leverage for Duplexes (US Market TBD)
10 August 2024 | 10 replies
On the other hand, leverage could allow me to acquire multiple properties faster.Considering my circumstances (unknown target market, family support in Fort Wayne, long-term goals), what approach would you recommend?
Saji Ijiyemi
Contractor doesn't want Payment Reported to IRS. Will I be able to take deductions?
7 August 2024 | 8 replies
@Saji Ijiyemi There could be extenuating circumstances.
Zhihan Wan
Month To Month Rent After Extented Lease
8 August 2024 | 11 replies
A simple one page option saying. 1) I understand because of your circumstances you’d like to lease MTM.2) I don’t usually do MTM leases and it’s harder to lease my property in the “winter”3) because you’ve been such good tenants I’d be willing to make an exception for you at the rate of $x+$200 with the stipulation your provide more at least a 31 day notice to give me time to find a new tenant.