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I have 4 rentals. All cash flow positive. I’m running out of capital to buy more. One option is I can cash out refi one property that has $400k in equity. If I take out $200k, that property will have a negative cash ...
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Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.
Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro ...
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Hey everyone,
In today’s market, it feels like making deals pencil out is tougher than ever. Rising interest rates, slim margins, and unexpected costs can kill a deal fast. But the one thing that you can control is y...
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Hello, BiggerPockets community! I'm looking to make smart decisions for 2025, and this seems like a great place to start. I just finished reading "Set for Life" by Scott Trench. Does anyone have recommendations for an...
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"Take action." Over and over, no matter the industry, everyone's best advice on getting started is to do exactly that, START. For 18 months I worked as a Transaction Services Associate at a large international advisor...
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Long story short, I got locked out of my apartment for over 2 hours last night. The 6 month old Kwikset deadbolt wouldn't turn all the way. While waiting outside I googled some stuff and came up with people saying the...
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I'm looking for ways to finance my next purchase. I'm could do a cash-out refinance on a rental I own since the LTV is 57%. Currently, it has $150/month cash flow. If I refinanced to an 80% LTV, I could get $180,000...
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I passed my license exam recently and I'm interviewing firms this week and next. I also own a basic phone and need to upgrade.
What are your experiences, thoughts and recommendations for a smartphone?
p...
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Any heads up as to how to ensure the listing agent comes off the Lockbox code. It seems mighty rediculous that only one agent I have spoken to has given up the lockbox code so I can have myself or a partner first hand...
I was at work, but my husband works from home. We live in a duplex. Our landlord is awesome, but I noticed the other side of the plex wasn't moving. We have a signed year long lease. My husband was sitting on the couc...