It is nice to have the equity from the appreciation we are having but the tax increase is killing my cash flow. I guess when looking at the equity on the back end it is still a win but this is making things a bit tricky
I just finished the “Tax Strategies for Savvy Real Estate Investors” book that was recommended - Loved the book and I got several good ideas from it. Reminds me of the saying “you don’t know what you don’t know”.I hav...
Hi to all,
I had a consultation from a referred lawyer (here on BiggerPockets) a couple of days ago. The Youtube videos and a few reviews were excellent.. but the person that I had as an advisor was a "presenter" no...
I have recently been learning about infinite banking via whole life insurance loan. Is it a great place to start to get funding for my first deal? Any things I need to watch out for or words of advice for that method?
Hello BP Community,
I'm seeking some seasoned advice on starting in RE investing.
Context: I'm an underwriter at one of the world's largest commercial insurance firms, specializing in commercial property insurance u...
Investment Info:
Other buy & hold investment.
Purchase price: $375,000
Cash invested: $101,500
I own a mixed-use property with a total of five units, four 1BR residential apartments and one comme...
Hi everyone,is any investor out in the marketplace successfully doing Mortgage assignment deals?? Is this still a valid strategy given the amount of underwater properties out there? I first heard about this technique ...
Curious about realistic expectations for outcome of a performing note. Example - A note modified a year ago to lower payment and get borrower making regular payments again. New 15 year amortization at 10% and approx 1...
Ok as you guys know I'm working on closing 4 units. It's my first multi-res in this state and wanted to see if any of you NM folks have input on a good insurance company to go with. Not too happy with local insuranc...
Hello! I am feeling really anxious concerning a potential buy and want to know if I am making a good decision. I am closing on a duplex in booming West Philly which has a bonus unit in the basement. I could potential...