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16 December 2024 | 2 replies
It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan through assumption?
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20 December 2024 | 9 replies
If you would classify this as more of a hobby which most people won't the first year, then the losses won't benefit you.
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19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
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28 December 2024 | 24 replies
We also don't have state-income tax, so the more you make the better the benefit of living here is.
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3 January 2025 | 40 replies
Even if I didn’t want those properties at this point, I would not be benefiting anything to do all that work and then just get my money out.
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1 January 2025 | 22 replies
Or is it the volume of ongoing flips that will benefit the most with a project manager due to economies of scale?
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19 December 2024 | 6 replies
For 1 property, its a cost/benefit analysis in my opinion.
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28 December 2024 | 23 replies
For me, it's about practicing Cooperative Group Economics: It's not about me maximizing my profit, by rather about me maximizing the benefit to my community.
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19 December 2024 | 50 replies
Since it's trust ownership, there are some additional benefits.
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18 December 2024 | 11 replies
Too many investors are not aware of the tax benefits and extra cash flow that could be theirs.