Jeremy Jareckyj
ALE Solutions/Mid Term Rentals
20 December 2024 | 3 replies
A bit of cross-marketing can hedge your bets.At the end of the day, ALE is a solid lead source, but only if your property ticks all their boxes.
David Charles
New to BiggerPockets!
19 December 2024 | 13 replies
It's a great market for LTR due to Camp LeJune (marine base) being here & the attraction of coastal living.
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
Dumb Debt also means that the owner takes on recourse debt and personally guarantees it instead of non-recourse debt or other people’s debt (OPD) or cross collateralizes it with highly appreciated assets with low debt to value ratios.
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
Here is a fresh example, and it actually came from another tax firm (not mine) specializing in real estate.Let me briefly tell you why I crossed out their pitch:Strategy 1: depends on your 2025 projected net income vs your 2024 net income, among many other factorsStrategy 2: can backfire amidst the uncertainty of future tax rules regarding bonus depreciation, and also ignores alternativesStrategy 3: no rush to do it before December 31stIf you decide to continue reading, I will give you a high-level overview of the most common EOY tax strategies, obviously without an actual discussion of each one.
Alex R.
Southern Impression Homes
14 January 2025 | 27 replies
While I usually think people have the best intentions, as someone working with you for the first time, it is truly hard not to have the thought cross my mind that the pro forma provided by Jennifer Lucero was inflated by Southern Impression Homes simply to make the sale.
Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
They can help you cross-check your estimates.It’s always better to overestimate expenses than to underestimate and face a shortfall later.
Spencer Dixon
Property manager recommendation
20 December 2024 | 4 replies
@Spencer DixonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Erin Helle
One month left in 2024 - What are your Goals!
23 December 2024 | 20 replies
Plan my next day 6 most important tasks - I've been on top of this, but still a challenge to get them all crossed offPlus, most importantly, we have 4 projects here in Chicago we are working to bedone before the end of the year so we can start some new projects off on the right foot!
Joel Oh
One platform strategy
2 January 2025 | 30 replies
Even with 200 STRs it isn't a broad enough cross section to assume the changes.You would need to have millions of data points to show the trend IMHO.
Jevani P. Barron
Seeking Advice on Investment Property Strategy: Cash-Out Refi, Raise Rent, or Sell?
20 December 2024 | 6 replies
Selling the property has also crossed my mind, but I'm mindful of the tenant's situation.I plan to raise the rent again by 15% in May when the lease renews, but I'm unsure if that's the best course of action.So here's my dilemma:1.