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10 December 2024 | 5 replies
Virtually all banks and lenders are going to have a due on sale clause, meaning they can demand full payment if the seller tries to sell the property or assign the mortgage without their consent.
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20 December 2024 | 27 replies
@Saika Maeda Permitting the ADU allows you to claim depreciation, operating expenses, and other tax deductions, potentially reducing your taxable rental income.
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9 December 2024 | 0 replies
Right now we are over 2 months into it being fully occupied and we have a pretty good understanding of the operating cost.
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12 December 2024 | 10 replies
Has anyone tried to operate a business on a plot of land with minimal development until it builds revenue for a structure (flea-market, private park, outdoor event venue, etc)?
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7 December 2024 | 11 replies
My question would be becoming a qualified assisted living operator and the certifications / licensing per your state (For me Texas) to get your property up to code?
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10 December 2024 | 11 replies
@Wiey UnderwoodReach out to @Bernard Reisz, @Yonah Weiss and @Julio GonzalezAll three of them are BiggerPockets cost segregation experts, and each one of them operates a cost segregation company working nationwide.Also, read this post: https://www.biggerpockets.com/forums/51/topics/1075919-five-...
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10 December 2024 | 5 replies
Determine local/state laws regarding wholesaling and determine if (1) you need to be licensed in the jurisdiction you’re considering and (2) if you’ll be able to operate profitably while remaining legally compliant2.
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5 December 2024 | 2 replies
Happy to have a call or virtual meeting if you like.
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6 December 2024 | 2 replies
Professional staging, virtual tours, and high-quality photos can help them envision how the space fits their lifestyle, whether it’s for entertaining, work, or family.To overcome the “biggest house in the neighborhood” concern, shift the focus to its uniqueness and lifestyle potential.
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4 December 2024 | 37 replies
Quote from @Connie Kirkpatrick: Quote from @Caroline Gerardo: Not registered in Delaware https://icis.corp.delaware.gov/ecorp/entitysearch/namesearch... not NMLS licensed in any stateNot registered in Florida https://search.sunbiz.org/Inquiry/CorporationSearch/SearchRe...8 The Green, STE 4000 is not an office- it's a virtual mail address you can get for $11 a monthhttps://www.trustpilot.com/review/builderbanc.com some of the reviews appear to be from ownership but all are pretty low 2'sDo not give them an upfront fee of any sort.When I discussed with my client, he wanted to give it a try, got the same angry reply.