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8 June 2024 | 1 reply
Of course, I don't think putting all my capital towards my student loans is appropriate, and I don't regret them either and I received an excellent business education from great schools.
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7 June 2024 | 3 replies
They handle everything from tenant screening to maintenance, allowing you to earn without stress.Key Steps:Choosing the Right Location:-Proximity to amenities like schools, parks, and public transportation.
9 June 2024 | 8 replies
Hi all- My husband and I are considering selling our short-term rental property in Vermont to pay our kids' college loans, and we're looking for input to see if we are missing anything in the big picture.Here are the details: We purchased a log cabin in Vermont in November 2020 for $440,000 with a 2.75% interest rate.
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9 June 2024 | 40 replies
If ordinary income, in NC that will be a tax rate of about 43% between federal and state taxes.
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6 June 2024 | 6 replies
I'd recommend researching areas to see that they have:- Low unemployment- High demand for housing - relatively low inventory- local job creation/booming local economy- high avg/median income- increasing population- low average days-on-market (DOM)- history of rent and property value increases YOY- low crime- highly-rated schools (or above average)I'd compare the target neighborhood to surrounding neighborhoods and/or nearest metro areas.
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8 June 2024 | 11 replies
at least not right away. 7.1% is not at all a terrible rate and presumably it's a 30-year fixed rate.
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9 June 2024 | 6 replies
Hello Everyone, My Sister Just got married and with high interest rates, and high cost of homes in Utah, it’s going to be really hard for her and her family to afford buying a home.
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10 June 2024 | 7 replies
In a market where I would expect to see 8-10% cap rates, I’m seeing things go at 3-4%.
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10 June 2024 | 27 replies
if you're looking to invest out of state, read these 3 threads first.https://www.biggerpockets.com/forums/48/topics/1159104-overl...https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1193623-rent-...with interest rates where they are, you just aren't going to 'cash flow' meaningfully on your first, or first few properties, for your first few years, if they are 'traditional' LTRs. with that said, if you're serious about picking an OOS market, i'd recommend going to your chosen market in person, probably multiple times, to set up your team.