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Results (10,000+)
Patrick Thomas Dickinson Sell my primary capturing the equity and investing that money in the stock market
29 July 2024 | 5 replies
My current primary ( scenario 1) Keep the primary for the life of the loan ( current rate is 4.5 so i dont see my self refinancing anytime soon)current home value 1,150,000Loan amount 935,000appreciation estimate 5% per year after a 28 year hold and the house is paid off I would have a house worth 4,312,000$my current mortgage is 6125$ ( piti) included My second option( scenario 2) Sell the house, walk away with $150 ,000 ish in hand and put that into a low cost index fund Rent a house elsewhere for about 3000$ ish and take the extra 3000$ im saving everymonths from not having to pay my mortgage and puting that money in the index fund as well I ran the numbers on both of these scenarios and doing what I mentioned above would break even at about 28 years meaning my stock account would be worth 4.3 million just like my house would , but the only is that holding a house for 28 year would mean 28 years of property taxes, loan interest ,home insurance and repairs etc whick I calculated to be about 1,200,000$ at minimum which raised my eyebrows to say the least Also i understand that each of these options ( stock market vs real estate ) will have there tax consequences ( long term capital gains) so any thoughts on that would be appreciated as well.  
Brandon Williamson BRRRR Lenders Under 75K
29 July 2024 | 5 replies
Hi Brandon,It's likely more effective to look for private lenders at those ranges as most investors buy cash or use private money at those ranges.
Julio Gonzalez Are you using cost segregation as a planning tool in your real estate portfolio?
29 July 2024 | 0 replies
You will receive a report as a result of the cost segregation study that supports the breakout between asset classes and new depreciation schedule in the event that you are audited by the IRS.
Michael Plaks GRAY area alert: deducting real estate education
30 July 2024 | 23 replies
If you have just one long-term tenant in your house hack duplex, and you're taking a $30,000 guru course on making money from assisted living or storage facilities or on running a syndication - it is probably not deductible under Section 162. 
Rahul P. new investor from california
1 August 2024 | 23 replies
It can be done right but more often than not, it's done wrong and can cost investors a lot of money.
Breanna Green First 1031 Exchange - Looking at a variety of markets
29 July 2024 | 6 replies
Hello @Breanna Green,I recommend first determining your financial goal and then selecting a location that best supports that goal.
Demiss G. Shippley House Hack (2-3 units)
1 August 2024 | 7 replies
The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.
Steve Schreiber Lipstick on a pig?
1 August 2024 | 3 replies
Finally (after 7 years of reading books, research, podcasts etc) jumped off the cliff and bought a major fixer upper for very little money.
Ryan Daulton BRRRR vs. new development
1 August 2024 | 3 replies
I can save alot of money by just building a new house.
Justin Pumpr Apartment Repairs and maintenance costs when underwriting
1 August 2024 | 3 replies
In addition, some reserves should be available to handle any large unexpected issues that crop up before money accumulates to pay for it.