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Results (10,000+)
Pat Arneson Turning on Utilities
21 November 2024 | 3 replies
Quote from @Pat Arneson:Usually, the city website has all the utility companies for the city that you should be contacting.
Bruce Schussler To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Chi Sastry Sub-To mentorship/education or mastermind options...
12 November 2024 | 11 replies
Quote from @Chi Sastry: Quote from @John Clark: Quote from @Chi Sastry: Hi BP fam! 
Alex Thomsen Earnest money deposit on a new construction
17 November 2024 | 13 replies
Thanks Jason, this is really great input.
Hunter Hanlon Taylor Physician Loan House-Hacking
20 November 2024 | 9 replies
Quote from @Hunter Hanlon Taylor: Quote from @Eric Veronica: Congratulations on the graduation this spring! 
Sean MacDonald Post Election Market Predictions?
30 November 2024 | 6 replies
Competition is much lower this time of the year and the election has further slowed down the market, which creates opportunities for savvy buyers.
Angel Peng Utica National Insurance Group
14 November 2024 | 3 replies
Quote from @Angel Peng: Currently in contract to close on my first duplex but the Landlord insurance cost took me by surprise.
Koby Stull Hello BiggerPockets! New PRO here
15 November 2024 | 4 replies
I am from Austin, so close by!
John O'Leary Is Upright (formally Fund that Flip) out of Business
13 November 2024 | 14 replies
Any advise about how to handle this situation?  
Agatha Oliveira Showing that you can sign for an LLC
20 November 2024 | 8 replies
Quote from @Chris Seveney: The problem is that they used a registered agent.