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So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
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Hi my name is Josh and I wanted to ask property owners, what’s the hardest part of being a property owner?
-Paying all the taxes, maintenance and insurance
-Finding a renter
-Worrying and wondering each month if th...
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Question for the community! I am a first time home buyer and have been saving/studying/networking this past year to do so. I am running into an unexpected dilemma as I have began to put offers in the past two weeks....
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Hi Everyone!A little about myself - I've been looking into RE investing for a little over a year now while saving up capital and paying off high-interest student loans as fast as possible. I am now in a position to be...
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I just completed the rehab on a 3/1.5 SFR that I purchased through seller financing. purchase price $23K10% down, 12 payments- based on a 5% interest rate, and amortized over 20 years. A balloon at the end of the 12...
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Hello! I just listened to the latest episode of the BiggerPockets OG podcast where the guest was referencing conventional investment loans with a 15% LTV. Does anyone know where such a lender might be? Looking for lon...
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What is a good balance between debt and leverage?The biggest mistakes I have made were when I assumed I was strong enough to overcome the psychological effects of dealing with debt. Last year (just after I was on the ...
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Hello BP, I'm at a place where partnerships are necessary to my success in REI. Understanding other peoples experiences in the three areas that build a partnership. Is very important right now.If your a Deal finder pl...
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I own (1) primary residence and (3) rental properties. Long and short, switched all my insurance. including auto to one company. The quote was cheaper, service was responsive. One one of my rentals - AFTER issu...
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Selling that first property was a defining moment in my real estate investment journey. It was a significant milestone and ignited a newfound confidence in my abilities as an investor. Let me tell you, there's nothing...