Angelica Morales
CARES Package allows IRA withdrawals w/o 10% penalty, worth it?
With the passage of the CARES package allowing IRA withdrawals without the 10% penalty and being able to report the distribution evenly over 3 years, I have been considering taking $20k out of my IRA to pay off a loan...
Aaron Ram
First investment property: (CT)
Hi there,
I just joined this website and it seems to have a wealth of info. Here are the details for the property I am looking to invest in and my financial status.
Property Type: Single family
Bedrooms: 4 bedroom...
Andrew Luong
[Flip Discussion] Missing Appraisal
Hey All -Interested to chat this topic over a bit.I've recently flipped a home with the contract price coming in at $269k. Additionally, this was off of multiple offers from qualified buyers.With that said, the home ...
Jim Noseworthy
Southwestern Ontario Cap rates
So I’ve been looking at house prices across Southwestern Ontario over the last month, and I’m trying to figure out some of the numbers. BP would suggest for a rental, to use the 1% rule. With house prices the way they...
Mindy Jensen
Look What's New on BiggerPockets!
Our amazing developers are constantly working on improving BiggerPockets. Some things aren't readily apparent or wouldn't affect you, the user. But some things are created specifically for your benefit.Here's what our...
Karla Kahmeyer
how often do you see land value greater than improvement value?
Hello BP community!I was visiting the county assessor site for my first property because I was trying to learn how to determine depreciation. I saw something I need help with. In case this is germane to the explanatio...
Greg Fend
Not getting offers
We listed our latest flip in San Antonio 42 days ago. The realtor is doing a good job of showing the house with some decent traffic, we've done some staging, it is in the desirable Alamo Heights neighborhood, and ...
Dominic Mazzarella
Fixer upper or stable income for first MHP acquisition?
Hello all. I am looking into buying my first park within the next 3-4 months. I am pretty young and just bought a house so I don't have a lot of capital to put into the business. I have been running the numbers and if...
Jonathan Jewell
HELP! JV financing, partnership or just plain crazy. You decide
Ok BP universe.I really need help on this one or I’m going to lose my mind.This post is aimed specifically at the people who are very familiar with either JV funding/ Partnerships, private money or all 3.The names an...
Sam Leon
An applicant with a unique request, wants to sign 5 year lease.
I have a unique request from an applicant for my SFR, who is an artist, and wants a five year lease.
His justification is he is an artist, wants a long term lease, to lock in the rent. He and wife, both arti...