Yooni Choi
What's considered a 'good' cash flow in Pittsburgh?
7 January 2025 | 2 replies
One of my early properties barely broke even, but after a couple of years, rent hikes and expense optimization turned it into a strong performer.For cash flow benchmarks, I usually aim for $200-$300 per unit, but your situation.. house hacking.. offers unique benefits like reduced living expenses and quicker equity buildup.
Nicholas Santangelo
limited partnership flip deal
9 January 2025 | 2 replies
As a limited partner, you would be able to participate in the project without being involved in the day-to-day operations, while benefiting from the potential profits upon completion.If this sounds like an opportunity you would be interested in, I would love to discuss further and provide additional details on how we can collaborate.Looking forward to connecting soon.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
November has been our only cash flowing month (barely), but we anticpate cash flow from Jan-April '25.
John Lasher
How did you get into multifamily?
26 January 2025 | 17 replies
After about 8 weeks I just stopped participating.
Charlene Kingsnorth
Private Lender Loan Servicing Software Fees
15 January 2025 | 15 replies
Quote from @Chris Seveney: @Charlene Kingsnorth have you had an sec attorney also review what you are doing as if you're are having multiple people as part of a loan participating in it depending on the state this could get you in hot water - so be careful good point Chris some state allow fractionalized deed of Trust mortgages other do not or require PPM like documents prior to offering them..
Giovanni Magana
First Post, New member but Old Listener
20 January 2025 | 12 replies
Welcome to BiggerPockets, or at least welcome to participating in the forums.
Chris Ke
200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.
Jerry Zigounakis
First STR Advice
28 January 2025 | 10 replies
My head is spinning on how to make this run as smoothly and efficiently to help maximize gains and bare minimum, break even after expenses.
Melanie Baldridge
My opinion: 401K VS RE
22 January 2025 | 8 replies
If you have your own business/self-employed you might qualify for a Solo 401(k) or multi-participant 401k whereby you can self-direct into real estate with those funds.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
27 January 2025 | 9 replies
You will need to determine the level you participate in your investment as well it makes a big difference.