Melissa Allen
Tricky question about HELOCS and retirement account loans
12 July 2024 | 8 replies
I was able to take a loan on my 401k to help pay down our house, but I was recently fully disabled so there wasn't any penalties for us.Get a good CPA and get started.Plus you could always wait a bit and not move on any more properties until you get all this under control.
Richard Pennington
Seeking more extensive advice on securing my first investment property
12 July 2024 | 6 replies
If you are going to house hack, then you could do FHA.
Robin Hopkins
North and South Carolina vs Florida
9 July 2024 | 12 replies
Hi Robin,I do a fair bit of business as a lender in South Carolina; a lot of short-term rental investors tend to focus on the Charleston & Myrtle Beach areas, but if you are looking for properties that are still reasonably priced and don't mind some renovations, Columbia can be a great choice
Sergio P Ramos
Investing in Florida
12 July 2024 | 15 replies
I held open houses - people flooded in.
Caitlin Jones
Rehab went over budget, now stuck.
7 July 2024 | 10 replies
Attempted to rehab house to turn into rental.
Andrew Tran
New Investor in Houston, TX
12 July 2024 | 9 replies
1.Subscribe to the BiggerPockets Money and Rookie Podcasts2.Attend the FREE WEBINARS3.Attend a Meetup in Your Area / virtual meet ups4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy5.Peruse the forums!
Tatum Kantor
California Investment Strategies
12 July 2024 | 7 replies
Here are some key recommendations to consider:1.Focus on Emerging Neighborhoods:Look for emerging neighborhoods in Orange County where property prices are still reasonable but expected to appreciate.2.Niche Markets:Consider niche markets like student housing or senior living, which can offer stable rental income.3.BRRRR Strategy:Use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) to increase your property’s value and refinance to reinvest.4.Partnerships:Form partnerships with other investors to pool resources and share risks.
Juan Mejia
Room for Lease contract in Virginia
11 July 2024 | 2 replies
Hi dear colleagues, my son is moving to Richmond and he bought a condo and he is planning to rent a room to start his house hacking strategy as a new investor in real estate.
Curtis Delaurie
Fix and Flip beginners
8 July 2024 | 8 replies
Time is the greatest enemy of the house flipper.
Yongming Huang
Why are real estate agent commissions so high in the US?
10 July 2024 | 87 replies
Are there alternative ways to sell a house?