Atlas Blake
International Real Estate Investing
2 July 2024 | 12 replies
Mexico is by far the main market for the whole area and one of the main agents in Puerto Vallarta, one of the main markets, recently told me that every American he knows who is a pro rehabber in the US who's done a rehab there has hated it and said they'd never do it again.Hope this helps.
Wu Jiang
Hello BiggerPockets! New PRO here
2 July 2024 | 8 replies
Ehhh my own fault.I'm deep on regional banks.I believe they are the back bone of American small business and all seem very well positioned.After reviewing many P&L's and balance sheets, I see lot's of value but time will tell.I'll either be a hero or a zero with this high risk investment.Wishing you much success and keep the dream alive
Austin Fowler
Help deciding whether to sell or keep. Please advise.
2 July 2024 | 9 replies
$50k / $1300 = 38 months to pay off your loan ... and you get to keep the asset.So many people are financially short-sighted and want immediate gratification, which is why so many Americans live paycheck-to-paycheck.
Jonathan Greene
5 Tips To Create A Real Wholesaling Business And Not a Chop Shop
2 July 2024 | 108 replies
I also know high equity individuals , some are close friends, but these are not 32% or third of American population.
Greg Scott
Where is the distress with apartment owners?
2 July 2024 | 19 replies
people get great joy talking doom and gloom and Armageddon.I’ve been in the RE biz since 1978 and been thru several economic and market cycles.Stagflation in the 70s, 17% home loan rates in the early 1980s, the failure of 1/3 of American Savings and Loans in the early 1990s, the dot com boom the dot com bust, the subprime crisis in 2008, Covid………I’m probably forgetting a few.
David Lee Hall, III
Painting a rental single color
29 June 2024 | 27 replies
:-) I have always just done American Craftsman (Home Depot) or ThermaStar (Lowe's) depending on which store is closing to my job, but truth be told I would think I could find something at a more contractor/landlord friendly price but haven't done well in locating someone yet.
Tim Silvers
Coverage for theft/vandalism for vacant/unoccupied condo
27 June 2024 | 5 replies
For the last 20 years I’ve used almost exclusively Allstate with about 10% of my properties covered by American Modern.
John Giggy
Can you get a loan on a property with a CLTA policy?
28 June 2024 | 7 replies
However, lender policies can vary, and some may prefer an ALTA (American Land Title Association) policy, which offers broader coverage.Impact on Future Sale:Cash Buyer vs.
Kirk M.
I'm new and looking to start Out-of-State investing
29 June 2024 | 17 replies
It's a French-based EV battery company that will be establishing a North American HQ in Columbus.
Joe Wood
Inherited IRA Withdrawal Questions
26 June 2024 | 11 replies
Also, you will pay ordinary income tax on whatever gets distributed to you from the inherited IRA, so the $100,000 you are talking about "pulling out" from the inherited IRA (assuming you mean as a distribution) will be taxable ordinary income this year.However, you do have the option to invest the inherited IRA in real estate with a self-directed (inherited) IRA.