Ryan Johnston
Long Term Rental Property Better to Re-Rent or Sell?
16 May 2024 | 0 replies
I can also get a Home Equity Loan from Better Mortgage for another $70k and then sell which would reduce the taxable amount to about $130kCurious on thoughts from others if you would prefer to try and rent it out again or sell and allocate the money elsewhere.
Stokely De Freitas
Conquering fear to realize financial freedom.
16 May 2024 | 1 reply
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best
Sunil Hathiramani
Appraising ADU’s in California
16 May 2024 | 7 replies
I advise telling them it took a lot more money than it actually took to construct.
Anthony Beeler
Too late to start an LLC?
16 May 2024 | 7 replies
An example of this would be mixing your personal money and LLC money in the same bank account.3.
Ed O.
Starting out - Avoid Bank of America
13 May 2024 | 25 replies
He also has not bounced checks there and is not a high risk type of account.
Kristian Kotov
Are there Investor Matching Platforms / Services out there?
13 May 2024 | 3 replies
Most of the properties I have available are $300,000-700,000; so if a hard money lender requires 25% down, with closing costs of 1-2%, and the hard money lender wants $20,000 in reserves, plus 1% to the hard money lender, we're looking at anywhere between $104,000 to $216,000 out of pocket costs.
Erica Calella
Handling 1st Unfavorable Guest Review
16 May 2024 | 19 replies
I actually read somewhere recently that hosts should aim for a review average between of 4.6 and 4.8 ( or something like that) because only 5 star reviews means you are leaving money on the table and giving in to guests demands too often.
Emmanuel Gomes
Looking to understand ROI more...
14 May 2024 | 2 replies
Instead, it's about identifying the ROI that aligns with your investment strategy and risk tolerance.
Cam Schwartz
Finding Actionable Deals
13 May 2024 | 2 replies
Hello all,I recently transitioned from finance to real estate, am looking for deals to fund and my question is two-fold:1) Investors - for those of you funding your investment properties with hard money, where / how are you identifying your funding sources and what are the most important criteria in arranging your financing?