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Results (10,000+)
Arda Bircan Material participation hours for STR Tax Loophole
27 June 2024 | 10 replies
What about the hours for contractors performing renovations on the property itself? 
John Mason Can second home be operated by a management firm that has control over occupancy
30 June 2024 | 7 replies
You can specify blackout dates when the property is not available for rent if you wish to use it personally during certain times of the year.Legal and Regulatory Compliance: The management firm will ensure that the property complies with local laws and regulations concerning rental properties, including obtaining any necessary permits and adhering to zoning laws.Maintenance and Repairs: Property management firms often take care of routine maintenance and emergency repairs, ensuring the property is well-maintained and ready for tenants or guests.This arrangement allows you to enjoy your second home for part of the year and generate rental income when you're not using it, with minimal effort on your part.
Connor Golden What data should I look at before buying in a market?
27 June 2024 | 18 replies
A good PM can turn a mediocre investment into a solid return; a bad PM can ruin a good investment.A good PM can also help you narrow in on the best neighborhoods, cross-check what your REALTOR tells you, and line you up with solid contractors.I'm biased, but I don't think there's a more important person to have on your team.
George Kopp Lending with Personal Guarantee
25 June 2024 | 19 replies
Don't take it personally
Jesus C. Has anyone found any decent property manager in Bakersfield/Oildale, CA?
27 June 2024 | 8 replies
My rentals are in easter kern county so I don't have personal experience with having Oildale properties managed but if I need a manager in Oildale, I would turn to Sanjeev Advani.
Sumit Kaul loan agains equity/etf vs 401K vs other options
27 June 2024 | 2 replies
Here are some options and considerations:Loan Against Equity/ETFs:Margin Loans:Description: Margin loans allow you to borrow money using your investments (such as stocks or ETFs) as collateral.Pros:You retain ownership of your investments.Generally quick access to funds.Interest rates can be relatively low compared to other types of loans.Cons:Your investments are used as collateral, so if their value declines significantly, you may face a margin call (requiring additional funds or securities).Interest rates can vary and may be higher than traditional loans depending on the lender and your creditworthiness.Securities-Based Line of Credit (SBLOC):Description: Similar to margin loans, SBLOCs use your securities (stocks, ETFs) as collateral, but they typically provide more flexibility and may not trigger margin calls as easily.Pros:Allows for ongoing access to funds as long as your collateral remains sufficient.Interest rates may be competitive.Cons:Similar risks of potential margin calls if the value of your securities drops significantly.Terms and interest rates can vary widely among lenders.Comparison with 401(k) Loans:401(k) Loans:Description: Borrowing from your 401(k) allows you to access funds without selling investments, using your retirement savings as collateral.Pros:Typically low interest rates.No credit check required.Interest paid on the loan goes back into your 401(k) account.Cons:Usually capped at a percentage of your vested balance (commonly up to 50% or $50,000).If you leave your job, the loan may need to be repaid immediately or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that equity at typically lower interest rates than unsecured loans.Pros:Lower interest rates compared to other types of loans.Interest may be tax-deductible if used for home improvements (consult a tax advisor).Cons:Your home serves as collateral, so failure to repay could result in foreclosure.Personal Loans:Description: Unsecured personal loans can be used for various purposes, including investing, but typically have higher interest rates than loans secured by collateral.Pros:No collateral required.Funds can be used for any purpose.Cons:Higher interest rates and stricter eligibility criteria based on creditworthiness.I am a loan officer and we do some of the loans stated above.
Adam Bartomeo Cape Coral / Ft. Myers Market Update Feb 2024
30 June 2024 | 22 replies
Personally, I am gearing up to buy as many as many SFH’s as I can over the next few months.Ft.
Dave Mercure Investment Opportunity In Punta Cana, DR
29 June 2024 | 1 reply
I have personal relationship with the owner of the project.
Bob Asad Advice Needed for Rehab for Duplex/Triplex/Quadruplex
29 June 2024 | 8 replies
What's the name of the position or person who can tell me exactly a price range for what areas of the duplex/triplex need to be fixed and how much they cost?)
Kev Li Best way to pull cash out of rental property?
28 June 2024 | 11 replies
So, when you say they not do report on your personal credit report I guess you are talking about non-recourse loans?