
19 January 2025 | 61 replies
Because, if you are a “regular” person meaning don’t make 5M a year W2 / legit bussiness which shows on tax returns, you can’t qualify for 20M loanAlso it mean, that people who buy 20M condo, chances are they have 100M-200M cash sitting and not doing anything.Return of equity is 0, as it also the cash sitting in a bank.Debt is cheap now days: 4-5%, but if you have “unlimited cash”, then not need to pay 4-5%As far as max cash flow and minimum risk - it’s something a lot of members discussed already.And last but not least - let’s not go off topic.

10 January 2025 | 12 replies
For example, I think a good way for me to start in real estate is to learn everything I can about underwriting, then find 1-3 properties on which I think the numbers make sense and post them here for feedback from more experienced members.

8 January 2025 | 11 replies
If there's a family member or friend in a similar situation, and you can both align on the initial plan (location, home type, price, usage/occupancy, etc) you can pretty easily get a co-ownership agreement in place and even a joint mortgage.The benefit here is it might open up your ability to buy a larger place in a nicer area which could lead to a faster rate of appreciation and overall better living environment.

31 December 2024 | 22 replies
Pretty much every small business other than some obscure ones that are excluded (see below) If you have 12 Single Member LLCs that own your rental properties.

31 December 2024 | 6 replies
If you can’t search with the search tool by member “category: that would be another miss.

4 January 2025 | 11 replies
That comment also seemed to imply that you don't report the rental on Schedule E if you have an LLC, but that's not correct, with a single member LLC it still goes on Schedule E."

12 January 2025 | 12 replies
Zillow link - https://www.zillow.com/homedetails/418-Olive-St-Ypsilanti-MI...View report*This link comes directly from our calculators, based on information input by the member who posted.

13 January 2025 | 30 replies
One symptom is leases that have not been renewed or increased in years, but you also find a lot of deferred maintenance.I do a survey about rent increases with our RPA members every year here in Milwaukee and most of them have between 5 and 50 units.

2 January 2025 | 3 replies
View report*This link comes directly from our calculators, based on information input by the member who posted.I’m considering purchasing two investment condos to help pay for my children’s college tuition in 13 to 15 years.

3 January 2025 | 5 replies
Also if you're a BiggerPockets Pro member, you'll get a Home Depot PRO account free with no spend minimumsGood luck @Nevin Wilkie !