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26 January 2025 | 7 replies
Me having several thousand good reviews help, but personally I would not book a property with 0 reviews.
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22 January 2025 | 6 replies
@Antoine Black In general, yes, it goes off your personal credit.
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24 January 2025 | 8 replies
Private money and personal funds.
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28 January 2025 | 20 replies
Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?
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27 January 2025 | 7 replies
Questions they will have is who is the owner, what experience do they have, is their key person insurance against them etc.
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29 January 2025 | 6 replies
I have found ChatGPT to be particularly useful for testing new Book Covers for BiggerPockets, such as our foray into the personal fitness category with upcoming title "Sweat for Life":
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25 January 2025 | 10 replies
Highly suggest coming out to some of the local chicago IN-PERSON meetups!
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26 January 2025 | 32 replies
But if you see the value in investing money into your own personal education, then maybe this could be a good fit for you.
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19 January 2025 | 9 replies
I don't doubt that guys like me and you will succeed over a long enough time frame due to drive, ability to go do it, and determination, but the timeline shifts drastically due to the momentum killing L's we took early in our career.This is why it's hard to compare yourselves to the real estate winners of the past decade.
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21 January 2025 | 4 replies
If you close with a conventional loan, it will need to be in your personal name.