Hi everyone - I am excited to begin my real estate journey here on bigger pockets. I have lived my entire life in various parts of the Salt Lake Valley. My husband and I currently live in Riverton with our three young...
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Wondering if anyone can provide some insightSo your done rehabbing your deal and ready to refinance lets just say, you owe your private money lender 140k thats purchase, rehab and interest the house appraises for 200k...
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So you've got a seller on the phone and they're motivated. What do you tell them next? My plan is to say something along the lines of, "OK - Great. Let me do some research and I will get back to you today or tomorrow ...
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Hello All, First time poster, just joined. I have searched the site about rental capital gains and I believe I understand that you must live in the property 2 out of the last 5 years to escape capital gains tax. How...
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Hi all, I am just starting to evaluate multi-family deals and came across a 23 unit multi-floor complex. I received its financials today and upon looking, it's 12-months performance puts it at 5 cap, and factoring in ...
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Ok that was an exaggeration 😂 but seriously, I need advice! I recently secured a couple of cool properties to flip, these are my very first ever. The first property the contractor bid a really simple kitchen an...
A family member is thinking of using their line of credit on their paid-off house for a friend who is a builder. I am curious if anyone has ever heard of or done this before. Apparently, when the house is built the...
I’m currently shopping for my first STR. I’m open to area and price up to 500k. I’m curious to know if any areas have suppressed values. I live in NJ and the shore is basically up 30-50% making investing were I would ...
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Greetings all,
New to the forum and excited to learn. I am looking at current multi-unit that needs a decent amount of rehab for a live in and rent situation. It's a small city in Western MA and I've been told by one...
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I have been contributing the maximum to my 401k account, including the catch-up contribution for those over age 50. My contribution far exceeds that needed to get the maximum company match.
I wondered if this...