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.
Daniel Jodrey
Buying in Pacific Northwest (PNW)
23 October 2024 | 2 replies
For that reason, I always advise clients to make sure the property pencils as a long-term rental so you have a plan to fall back on.As far as connecting with other local investors, have you considered joining the local REIA?
Heidi Kenefick
1031 exchange and depreciation recapture?
28 October 2024 | 34 replies
Readers are advised to seek professional advice.
Sean Urann
Preparing for my first investment property purchase!
21 October 2024 | 21 replies
If you could provide 1 piece of advise to a newcomer, what advise would you offer?
Yixiong Pan
Is it possible to do rehab remotely?
25 October 2024 | 14 replies
I advise to be very careful of who you have work on this project.
Emilie Pa
Which professional to contact for transfer of property
22 October 2024 | 7 replies
Readers are advised to seek professional advice.
Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
Note that he advises against putting large EMD down.
Derrick Sanford
Hello from the Midwest(Tulsa/Broken Arrow) and getting deeper into real estate.
23 October 2024 | 7 replies
If anyone has any information or advise we would greatly appreciate your insight, we hope to bring value to you or someone you may know in exchange.Happy to tap into the BiggerPockets community and excited to make new connections on this journey!
Patrick Shep
Land Value for Depreciation
22 October 2024 | 12 replies
Most tax professionals do not advise their clients to utilize this approach and it may raise concerns under IRS examination.
Kyle Jacques
Looking for guidance on STR
24 October 2024 | 36 replies
I don't know if Evolve advises on that but make sure you have the correct STR policy.