
14 May 2024 | 1 reply
If so, is anyone with EXP in Florida / the locations above, who might be able to act as a good sponsor / support me in my Real Estate Agent development?

14 May 2024 | 2 replies
If you did not, contact support@biggerpockets.com and ask for assistance.I've never used the Rookie stuff, so you should ask support about those, as well.

13 May 2024 | 7 replies
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC.

15 May 2024 | 17 replies
in general, your hold time for an investment property should be indefinite.

17 May 2024 | 14 replies
I spent 10 years in remodeling, the latter half of that doing buy-hold rehabs.

15 May 2024 | 4 replies
If we crush the rehab I think we can even push closer to 200Cash-Out Refi Amount: $131k (75% LTV of the conservative 175k figure) Profit if done as a flip: 60k. (175k - 115k purchase price & rehab)Cash Invested: 18k (This accounts for $7,500 for down payment to lender, $2,000 in EMD to seller, lender fees, inspection, insurance, title, projected 3 months holding costs at $1000 per month)----------------------------------------------------------------------------If I do it as a flip, from what I understand, I'll be hit with a ridiculous tax bill (24% short term capital gains + 15% self-employment tax), leaving me with roughly $36k after-tax profit. 36 - my 18 invested leaves me with 18k increase to my net worth.

16 May 2024 | 2 replies
When a bank forecloses on a property, the Sheriff's office will hold a sale.

15 May 2024 | 3 replies
We also opened a Holding company in WY.
16 May 2024 | 8 replies
We are in the Seattle market, so reality is that demand so significantly outweighs supply that on new construction you aren't really at risk of not selling, its more for at what price per sq ft it will end up selling for.But one mechanism build in is that there is a $100k buffer where he will hold at least $50k of his build fee until after house is sold.

17 May 2024 | 11 replies
Good luckThanks Dan, thats what I was afraid of, my target is hold for 10 years so I am hoping I can refinance at some point and sell at a considerable higher value in 10 yeras or so.