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Results (10,000+)
Betty Junco Buy and hold for long-term rental income and property appreciation
12 July 2024 | 0 replies
I purchased a well-maintained single-family home in a growing suburban community.
Myer Johnson Fix and Flip for sale
8 July 2024 | 9 replies
There are some 3/2 rehabs for sale in the 190s nearby that comp well, but will keep my fingers crossed you have a speedy sale.
Gene Fereaud Writing off "cash on top" of a financed duplex purchase
8 July 2024 | 4 replies
if you did want to claim it, it would be better to revise the closing and get it included - then you are totally legal.Just realize your actions impact the other party as well.  
Ryan Shaughnessy Looking to Connect with Experienced Long-Term Rental Investors in Chicago!
12 July 2024 | 4 replies
In my experience most condos or townhomes don't cash flow well.
Soup Nikk Look for feedback on RV park syndication deal
12 July 2024 | 3 replies
While I am not super well versed in the RV park syndication world (although Axia does own a couple within their first fund), in general more and/or higher fees = WORSE for LP.I would love to see more about this deal, but based on a quick scan here: https://www.parksandplaces.com/campgrounds-for-sale/ looks like average pricing is in $5mm range.$5mm PP = $250,000 acquisition fee, let's assume they are raising $2,000,000 in equity for purchase and upgrades, this means acq fee is really 12.5% of equity.Loan Guarantor Fee: $5mm purchase, let's assume $3.5mm loan.  
Gerry Cohen DO NOT INVEST with SCOTT CARSON (We Close Notes) or Inverse Asset
10 July 2024 | 256 replies
After seeing him at a REIA, during his cross country REIA tours to find victims, I went through his bootcamp.
Jacob Zivanovich House Hacking Partnership
12 July 2024 | 7 replies
@Jacob ZivanovichPartnering with someone who can co-sign your loan can be a great way to get started with your house hack, provided the partnership is equitable and well-structured.
Alicia Marks Have a question you'd like asked on the BiggerPockets podcast?
12 July 2024 | 79 replies
I think there should be a search tab for them as well.
Edna N. Canadian interested in USA RE investing
10 July 2024 | 24 replies
Consider renovation costs and potential for adding value through improvements.Resources and Tools:Local Real Estate Networks: Connect with local real estate agents, property managers, and investors for insights into specific neighborhoods and market conditions.Online Tools: Use real estate websites and platforms to analyze property prices, rental yields, and neighborhood demographics.Tips for Canadian Investors:Tax Implications: Understand tax implications for Canadian investors owning U.S. property, including withholding taxes on rental income and capital gains.Legal and Financial Advice: Consult with a cross-border tax specialist and real estate attorney to navigate legal and financial aspects of investing in the U.S.If you would like to discuss further/need financing please feel free to reach out.
Carolyn McBride Documentation Needed for Deducting HELOC Interest
12 July 2024 | 3 replies
Yes you should get a statement from the bank, you can always request it as well