Kingston Yi
SDIRA & How does this work?
9 May 2024 | 43 replies
Just because something can be done doesn't mean that you should do it.I would not own real estate within a retirement account(including SDIRA).Reasons1) Complexities with RMD2) Lose out on depreciation3) Appreciation when sold would be taxed at marginal rates instead of preferred long-term capital gain rates4) Etc
Jonathan Miranda
what kind of property damage should I absolutely avoid
9 May 2024 | 7 replies
And having had to hydroblast roots out, about $3k expense, and then the pipe likes to collapse, so you can often be in about $10k+ for a full repipe to the street, plus landscaping repair on top of that.Foundation can also get pretty pricey.At the end of the day, having done 8 flips, I still think of them as if I can make money, and learn something, I am doing well.
Thomas McNally
Time to dive into full-time REI
10 May 2024 | 12 replies
Factors such as higher interest rates, taxes, and insurance can significantly impact potential returns for investors.Remember, success in real estate investment often hinges on buying properties at the right price rather than selling them.
Michelle Sharko
Heloc loan or Conventional loan
9 May 2024 | 7 replies
Our lake home if we sold right now we probably would get top dollar anywhere between $600-$700k for it, or more, we owe zero balance on it.
Jeremy Fenceroy
Finding Solid, Class C Tenants in Downtown Phoenix
9 May 2024 | 9 replies
Our top source for applications is Zillow and we pay to get more exposure on Zillow, so if you aren't doing that, check into doing that.
Baron Wheeler
New investor from Colorado Springs area
9 May 2024 | 9 replies
At the rate that homes are appreciating it seems waiting to invest while we save is going up much faster than the rate we are able to save.Future goals are the equivalent of $80-$90k per year to live off of.
Sung H Kim
One large Multi Family vs Many small units
9 May 2024 | 6 replies
Think of environmental swift change, tornado, flooding, fire, fixed rental rate verses varied rental rates.
Jacob Burr
Hello BiggerPockets Community!
7 May 2024 | 4 replies
I'm currently a college student in Cleveland, OH and I love to learn about new ways to make money with Investing.
Annwar Matani
How do Hard Money Loans work?
9 May 2024 | 15 replies
In exchange for less documentation, the HML charges a higher interest rate
Chris Lamm
Marketing Material or Systems for Owner Finance or Subto Opportunities
9 May 2024 | 3 replies
The two main motivations buyer’s opt for a sub to purchase is (1) little capital investment (2) lower interest rate than currently available.I’ve worked numerous sub to deals from all sides - but mostly on commercial property.