Dane Kania
First property under contract. Is the deal worth it?
10 March 2019 | 27 replies
Price is to high to cash flow, you're paying to keep the house2. 3% comissions won't go 100% to you unless you're a broker, also the title company has to send the check to your broker first and then you can pay off the lender of that money (if you borrow the downpayment money from your qualified relatives)3.
David Jesse
old central Florida home for rental. Risks because of asbestos?
8 March 2019 | 2 replies
The people who have genuine asbestos related injuries are those who had a profession that required them to work with asbestos.
Elizabeth Susan Ademi
$300,000 in student loan debt
16 August 2019 | 41 replies
Not trying to discourage your life passion just really need to find a way to get the degree much cheaper relative to the earning power over time that particular degree provides.
Justin Bonney
Self Directed IRA Trust Deed
27 October 2021 | 4 replies
This is acceptable as long as the holder of the SDIRA is not related to the borrower and otherwise not involved in the project either directly or indirectly (i.e. the holder of the SDIRA does not own a company which is handling part of the renovation).
Scott V.
We're told to skip small deals and start big. What about lending?
16 March 2019 | 53 replies
I'm a relatively young (29) professional (dentist) and have high future net worth and income potential but I've only been out of school for a year and have low net worth and experience.
Sriram Giridharan
Property Manager in Rochester, MN
20 August 2019 | 7 replies
I am relatively new to the area and looking for a property manager here as well.
Jonathan Jackson
Cash on cash & cap rates
12 March 2019 | 9 replies
This often means that the best deals are often very low cap rates to begin with because NOI is starting out low relative to the purchase price.
Felix Canaan
Newbie from Newark, NJ
8 March 2019 | 9 replies
A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
Account Closed
Prospective tenant conceals emotional support animal
7 March 2019 | 7 replies
Another related question is--when you are a prospective LL to a tenant and you say we'd like to offer you the apartment, and then you spend several days waiting for ESA documentation, how long are you actually reasonably supposed to hold the apartment for them before you just go with another tenant?
Tiana Engstrom
Need Advice on next step
14 March 2019 | 14 replies
@Tiana Engstrom if you are getting good cash flow, there will be good appreciation and the property will be relatively easy to sell if necessary in the future then definitely keep the property and do a HELOC.