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Results (7,894+)
Raghavendra Jakkani Leasing to my own LLC and then to a tenant
30 October 2024 | 9 replies
The issue for you is you (or your wife) now may have two insurance carriers fighting over who will pick up coverage (assuming your intermediary LLC has appropriate insurance) or if it does not, your property insurance carrier may try to get out of coverage because of your slick deception tactic of using an alter ego which is the last thing you would want.Just  yesterday another BP forum poster wanted advice on a similar strategy when leasing a rental cottage on the same lot as their residence.
David Cheng What do you qualify as a proof of funds?
4 November 2024 | 34 replies
As a result I’m much more concerned with a borrower showing funds for at least a reasonable down payment.A problem with a screen shot of say a buyer’s Vanguard account is that it’s so easy to use PDF tools which can alter the numbers and be virtually undetectable.  
Matthew Drouin The FED Just Hit The Panic Button
28 October 2024 | 15 replies
Home sales have reached their lowest point since 2010, driven not solely by high interest rates and low inventory but by shifts in household incomes and confidence.As fewer people search for homes, this altered sentiment trickles up, impacting business and investor confidence.
Alex Guerrero Is it better to list my house myself vs going through a realtor?
31 October 2024 | 29 replies
Who is contributing and covering what and translate to big $ at the closing table. 
Angel Peng Best way to put out an offer
21 October 2024 | 3 replies
Unfortunately, "traffic and popularity" don't translate well into cash flow and cash-on-cash return.Don't get so caught up in the excitement of "doing" a deal that you miss actually "getting" a good deal. 
Marlie Evans Bonus Depreciation, safe harbors and Partial asset disposition
22 October 2024 | 8 replies
Changing the method of deduction might slightly alter your taxable income, leading to a small increase in taxes.Bottom Line: The slight increase in taxes could be due to how different deductions interact with your overall tax situation, even if the total deduction amount remains the same.2.Is It Worth Amending Previous Years’ Taxes to Change Purchases from Depreciation to Expenses to Avoid Future Depreciation Recapture?
Chris Lane Building My Foundation
21 October 2024 | 4 replies
The real estate community here is active and full of knowledge that can translate across markets.
Jamie Stone Seeking feedback from anyone on BiggerPockets who is in this program.
22 October 2024 | 15 replies
This is where the investment either does or does not translate into value.
Alan Asriants Is this an end to Wholesaling?
30 October 2024 | 236 replies
Based on the latest median home sale price in Maryland ($418,534), that translates to a total cost of roughly $22,350.Home sellers typically cover the total commission fee from their sale proceeds, which is split between the listing and buyer’s agents who handle the sale.
David Fitch Software for Managing a Portfolio
15 October 2024 | 4 replies
The properties are usually managed using Appfolio (like yours) and we translate the property-specific details from Appfolio to QBO each month.