Jamie Stone
Seeking feedback from anyone on BiggerPockets who is in this program.
22 October 2024 | 15 replies
In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.
Kyler Cook
Christian Investors - How do you tithe?
24 October 2024 | 27 replies
Ideally, if REI allows us to live the life we hope to have, we will have a lot more flexibility to volunteer our time as well as having more monetary resources with which to help others.
Edward Heavrin
Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
Also, improves your position in pricing should rent prices turn bearish unexpectedly during your vacancy time so you can be flexible in pricing in negative economic environments.Con's are more on the side of the whole concept of using the long term locked-in period with the bank essentially utilize inflation to 'short the dollar', as well as the more rapid diminishment of the mortgage interest paid tax advantage.All in all it is safer in a lot of respects to get to that property free and clear, but the major downside is missing out on the additional value that is derived from the power and monetary benefits that come from having a healthy expose to mortgage and other forms of financial leverage.
Lisa Broderick
Has anyone done or heard about Glenn and Amber Schworm's mentorship program?
18 October 2024 | 37 replies
And its not only monetary help I help them with all manner of transactional advice from Wrap to sub too to doing private money loans etc..
Account Closed
Here's How to Calculate Rental Income For Child Support
10 October 2024 | 0 replies
These factors may include:Rental incomeBusiness incomeWork bonusesPensionsInvestmentsOne thing to note is that many states allow for deductions from gross income for things like:Property taxesUnion duesAside from monetary obligations, some states also factor in the following:How much time the child spends with each parentCosts associated with health insuranceThe age of the childChildcare costsHow To Calculate Rental Income For Child SupportIf you’re wondering how to calculate total rental income for child support purposes, the payments are based on several factors, but in a nutshell, here are the top three steps that should take place.Determine gross incomeFirst, how much cash is the rental property bringing in?
Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
It's about alternatives and minimal monetary investment required to make things work.
Brandon Craig
Should I sue?
7 October 2024 | 12 replies
Only if you can prove monetary damages due to negligence or fraud.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
The USD may be seen as problematic long term because of monetary and fiscal policies driving inflation.
Shiloh Lundahl
Looking for helpful advice for coaching
2 October 2024 | 5 replies
That is a question only you can answer, and remember value is not only monetary.
Olubunmi Odole
Not paying rent
24 September 2024 | 3 replies
One is the order of possession and the other is an award for the monetary damage.