JoAnn Dorio
Tax benefits for state College 529 program
How much state tax benefit would I get by putting money into the 529 program now and taking it out for August? I just don't want to tie up money for a small amount.
Bryan La
1031 Exchange now or wait?
Hey Bigger Pockets! I have a SFR with 150k equity and I want to sell it and put money down for a small multi family and rehab it. Should I sell my SFR now and put equity in a 1031 exchange until I find a BRRRR multi ...
John Matthew Johnston
Commercial Loan Number Help
Hi I am new to commercial loans and I was wondering if i could get some help telling me if these numbers look ok. A little background, we went the commercial route because we are running into DTI issues. THE NUMBERS:L...
Esther Page
What penalty fees can I charge? (Chicago)
Hi All,
How and what am I allowed to charge in the way of penalty fees to tenants in Chicago? Our rental is owner-occuipied, so I'm really just thinking about 1) fee for pet that is not on the lease (we allow pet...
Anderson S.
Stay Ahead of the Curve: Navigating Rental Market Regulations
The rental market is a dynamic environment, and one constant is change. From updated tenant rights laws to shifting zoning regulations, staying compliant can feel like a moving target. For real estate investors, adapt...
Shedrick Archangel
Are these terms favorable for buying a house to rent
I found a potential rental house for $129,000.00. The property is a 4 bedroom 2 bath. The owner is willing to sell the house using owner financing. Also, rent in the area is $1000.00 - $1200.00. What do you think ...
Mary Jay
Math of 100K Covid withdraval
Hey guys,
I have been trying to figure out if its more beneficial to take out the 100K from my 401K our not.
Can you please help me with that?
1) Lets say I do not take out and keep it in 401K. Then: 100K at 6% int...
Terry Lao
is there a vacancy % factor that lenders will not lend beyond
I own a 4plex, which is one of 23 buildings. I recently found out that there could be 30-35 units that are currently vacant out of a possible 92. This is a vacancy percentage of 33-38%. Would fannie mae or freddie mac...
Daniel Young
Finding Funding for my First Rehab?
Hello BiggerPockets family! I hope all is well in your investing journey! I am officially under contract on my first property that will become my first investment. I am going to BRRR/Live-in Flip/House hack this prope...
Kenneth Bentley
Self Directed IRA Funds
Recently, I heard that you could take your 401k and transfer it to a self directed IRA to use for real estate. You would need to invest in a LLC to do this. However, I was in the process of transfer my 401k to a SDIRA...