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15 August 2024 | 0 replies
However, as this WSJ article points out, falling interest rates won’t solve all the problems faced by many buyers in current market conditions.What if I’m a buyer?
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15 August 2024 | 10 replies
Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...
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15 August 2024 | 7 replies
They would be very helpful when discussing if you can benefit from cost segregation as it's a case-by-case basis.Here's an article with additional FAQs on cost segregation studies that you may find helpful.
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14 August 2024 | 4 replies
Click the magnifying glass in the upper-right corner, enter your criteria, then narrow the focus down by blog, forum, or other categories.To be honest, the search feature in BP is lacking basic functionality.
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15 August 2024 | 4 replies
Online videos on social media platforms, educating your clients about nuances in private lending, coming on a popular blog to help people with financing issues, and connecting with others in your industry that specialize in something else.
15 August 2024 | 33 replies
Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.I suggest reading this BP article on the core 4.https://www.biggerpockets.com/blog/core-four-real-estate-teamThat being said, Columbus and is a great market to invest in if you're looking for appreciation.
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15 August 2024 | 21 replies
None of this speaks well for owning property in an IRA.While trying to find related examples, I found another argument I would have certainly lost regarding accounting for a checkbook controlled IRA LLC: “Providing un-tracked accounting services for your own IRA LLC can result in a both an excess contribution and a prohibited transaction.”http://www.prweb.com/releases/2011/02/prweb4300264.htmAccording to the article, “Although there are some exemptions for services provided to a retirement investment plan, they do not extend to services provided to entities owned by the plan.”I guess you guys are right.
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13 August 2024 | 15 replies
You can listen to the 1,000+ episodes of the podcast, read the 10,000 blog articles, any of the 40 books, and otherwise immerse yourself to your heart's content until you feel ready.You can browse markets, look at deals, learn to manage properties, practice analyzing deals or estimating rent, and meet with Agents, Lenders, Property Managers, Tax Pros, and Syndicators offering Passive Investments.
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19 August 2024 | 3705 replies
Search on here for "creative financing" as there are a few good articles, as well as other blogs explaining it.
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15 August 2024 | 29 replies
Business lines of credit in my experience will often be high doc, so you need to have your articles of organization, the EIN number from the IRS, any other mbr/managers may have to be signatory to the debt (vs non-PG), and depending on the bank, they often want to see business tax returns.