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Results (10,000+)
Robert-Lee Pass Offer sent last night .. But i noticed this stuff... Do I Kill the Deal?
23 February 2024 | 35 replies
The VA loan is great benefit that you have earned.  
KC Pake ⁉️ 📲Your Most Expensive Lesson in Real Estate Investing: Share & Learn 🏢
23 February 2024 | 3 replies
I will share my "Most Expensive Lesson" in the comments.To kick things off, here are ten examples of expensive lessons or mistakes in real estate investing:Underestimated Repairs: The classic pitfall where the cost of repairs and renovations far exceeds initial estimates, impacting the overall budget and profitability.Tax Liens: Failing to account for or being unaware of existing tax liens on a property can result in unexpected financial burdens.Contractor Liens: Not settling payments or disputes with contractors can lead to liens against your property, complicating sales or refinancing.HOA Fines: Overlooking or violating Homeowners Association (HOA) rules can lead to significant fines and headaches.Bad Loan Products: Opting for loan products without fully understanding their terms can lead to unfavorable financial conditions, such as higher interest rates or unfavorable repayment terms.Ignoring Zoning Laws: Investing in a property without a clear understanding of local zoning laws may restrict its use, affecting your investment strategy.Overpaying for a Property: Lack of research or getting caught in a bidding war can result in paying much more than the property's worth.Neglecting Due Diligence: Skipping thorough inspections and background checks can uncover unpleasant surprises after the purchase is finalized.Poor Tenant Screening: Failing to properly screen tenants can lead to unpaid rent, property damage, and costly evictions.Underestimating Market Risk: Not considering market fluctuations can lead to investments that don't pay off as expected, especially in volatile or declining markets.We've all been there in one way or another, facing setbacks that seemed daunting at the time.
Lilly Fang How is Park Palace finance?
21 February 2024 | 5 replies
I just want to come here to see if anyone has had personal experience with this company before I throw my hard-earned savings into this company.
Merritt Harris First time poster, long time fan of Bigger Pockets
23 February 2024 | 18 replies
Selling yes. 1031 in a perfect world yes.If you can find a property and meet the time lines then yes.I have done a 1031 and it worked out great.I have also just sold paid the tax and put the money in the bank to have working capital to deploy on my timeline.
Daniel K Houck Does the BP podcast have anything for the truly average American?
22 February 2024 | 21 replies
If I'm going to earn a below-average income, why not do something I enjoy?
Matthew Lewis Questions about "adding value"
23 February 2024 | 6 replies
You can look them up on your county site: foreclosures, divorce, death, auction, tax liens.
Anibal Mijangos Help with getting a list from LA County Website
22 February 2024 | 1 reply
Here is a site LA county site for the Tax Auctions:  https://ttc.lacounty.gov/schedule-of-upcoming-auctions/HTHS
AJ Wong The inconvenient truth about Buyer's Broker Commissions and what to expect next..
21 February 2024 | 0 replies
In short, buyer's brokers will earn less but potentially perform less work with less responsibilities. 
Phil Sharp Buy-and-hold philosophies: Cash flow vs Appreciation
21 February 2024 | 94 replies
I also gain the mortgage pay-down in equity and the tax advantages of real estate to offset my gains. 
Diran Deukmajian Depreciation on rental property not making a profit?
22 February 2024 | 4 replies
The amount my tenant is paying me per month only cover 95% of my mortgage, HOA, and taxes