Chris Rogers
New member from SWFL, interested in Valdosta, GA markets
25 June 2024 | 6 replies
@Chris Rogers higher interest rates have caused most Class A property purchases to NOT cashflow for an approximate 3-5 years.So, many naive investors are chasing Class B, C & D properties to cashflow, WITHOUT fully understanding the scope of the additional risks involved:(Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
Kyle King
Using HELOC to move into next property
25 June 2024 | 3 replies
We have ~150k equity in our current home and are considering doing a HELOC to either purchase or put a down payment on an investment property.
Troy Smith
Very odd lender question
25 June 2024 | 3 replies
Make sure to think the entire process through as it may be more advantageous to to it prior to or after the purchase of the other property for your brother.
Suzanne Boles
Hello BiggerPockets! New PRO here
24 June 2024 | 5 replies
I have access to others of like mind that can help me put syndicates together to purchase larger apartments.Outside of real estate, I'm busy as a CFO to a large dental practice that my husband owns that brings in capital for us to invest in RE... and I love taking care of my girls that are 16, 13, and 9 and teaching them all about passive income investing via RE.
Adam Eckhoff
Section 8 - What am i missing?
25 June 2024 | 10 replies
QUESTION 1: Would you consider this a good investment; purchasing a renovated SFH, section 8 it, and utilize a management company?
Jaena Hong
Step up basis for inherited property
25 June 2024 | 1 reply
It has appreciated a bit since we've purchased and I've been wondering if I should remove myself from the deed.
Don Davis
1400 Copper Point Drive Prosper, TX 75078
25 June 2024 | 0 replies
Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.
River Ayton
Capital Gains Tax
25 June 2024 | 8 replies
I don't have all of the details regarding frequency but it sounds like you intend to flip the property when you purchase it.
Chris Seveney
What is best power dialer
25 June 2024 | 14 replies
Curious which software do people consider to be the best power dialer for example with a list of 18,000 phone numbers (Note numbers were not purchased but received voluntarily from the individuals)Thanks
Stacy Tring
Investing in someone's primary residence
25 June 2024 | 8 replies
It would be perfectly fine to purchase as tenants in common, and as long as Cousin A purchases is at least as much interest as the net sale of the old property.