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27 January 2025 | 14 replies
If you’re paying off less than $800/mo on your loan id say sell come April selling season.
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23 January 2025 | 9 replies
I understand I'd take a pay cut being an agent for the first few years, but in exchange, I'd be learning about the market and building a network as I move towards Commercial multifamily.
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12 February 2025 | 8 replies
I am seeing a trend in CA that ADU construction is more cost effective (per unit) than buying on the market by a long shot.
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19 February 2025 | 11 replies
Paying rent on time doesn’t erase dishonesty and lack of integrity.
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20 January 2025 | 14 replies
For example, a property in San Diego may lose $500 per month ($6,000 per year) but gain $60,000 per year in value, making it worthwhile to "lose" money each month in exchange for long-term gains.I recommend you start with BiggerPockets Ultimate Beginners Guide (free).
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20 February 2025 | 5 replies
So, unless all lease singers file for bankruptcy, they can’t stay for three to five months without paying rent, right?
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22 February 2025 | 11 replies
You have to pay for knowledge one way or another.
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13 February 2025 | 7 replies
(You’ll pay higher interest because it’s a rental property, and, if you try to do it in a corporation/LLC you’ll pay an even higher interest rate.)
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20 February 2025 | 2 replies
if you don't know what this is, look it up.)how it benefits you: you pay yourself back - you pay back the cash you spent with the cash from the brand new loan.
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21 February 2025 | 6 replies
Here’s why selling your primary residence to your LLC and then renting it back isn’t a good idea from a tax perspective:Self-Dealing Doesn’t WorkFor tax purposes, a single-member LLC is considered the same as you, so paying rent to your own LLC is basically just paying yourself.