21 February 2018 | 8 replies
I guess my main question is with the 10k cash I have & credit score what route should I take to buy an house and be able to afford rehab.
20 February 2018 | 5 replies
It's not an exact match to your situation, but it has similarities, and I think you'd see tenants just as happy with baseboard heat that could increase the temperature ~10-15 degrees as you would with completely separate furnaces, with a MUCH lower upfront cost.I think the main thing to consider is how long you're planning on holding the property.
20 February 2018 | 2 replies
I live in the biggest city in NH and work in the 3rd biggest city in NH. everything available in the main cities is far to expensive or run down for my experience and comfortability, I also want to get out of the city because I hate the city.
23 February 2018 | 14 replies
@Upen Patel : So, if I am reading into this correctly, there is no real benefit to being a co-borrower as opposed to a guarantor on the LLC loan.
20 February 2018 | 11 replies
I think the main difference is that I have separate conversations with my tenants aside from the legal jargon.
22 February 2018 | 2 replies
If there is a pressing situation that requires you to sell to get the cash in your lifetime then it is doubtful that you will squawk at having to pay tax at that time.But if your tax is in the $120K range and you get to invest that for a net return including of depreciation benefit for say 8% then after 10 years you will have more than doubled that tax in return and compounded interest.
27 February 2018 | 14 replies
Or do the potential consequences outweigh the benefits.
6 March 2018 | 19 replies
(Of course, there are other benefits to real estate besides just the CoC Return from your cash flows, such as tax benefits and appreciation, but I look at those as the cherry on top.)
26 February 2018 | 10 replies
I have been lurking on Bigger Pockets for sometime now and have finally committed to taking action on my goals for 2018 (mainly, purchase a 10+ unit apartment building) so I figured it would be best to introduce myself the the BP community and start networking.
22 February 2018 | 2 replies
It’s how professionals effectively reach their target audiences, and in no industry does that appear to be more important than real estate.Being one of the biggest client-facing industries in the world, real estate is one that benefits the most from various social media platforms.