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26 November 2024 | 9 replies
From the photos, it mostly looks fine.
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26 November 2024 | 35 replies
However, the loan would need to be under my name, as they won’t allow LLCs.I’ve received advice from others who feel comfortable with this arrangement as long as they have high insurance coverage limits, which the lender also recommended.
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2 December 2024 | 33 replies
For some people, it is a preference thing and that is fine too.
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25 November 2024 | 6 replies
I have mine for 1800, I’ve been receiving a lot of attention on and people have been touring it a lot, however no one has finally made the next steps to move in.
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26 November 2024 | 86 replies
I'm speaking up because the Djuric Family Office failed to operate the deal according to the promises they made to investors.Promised -> Received- Quarterly investor reports -> were either not received unless I asked for them, or they were received 2-3 months late.- K-1s by end Q1 -> K-1s received Sept-Oct every year.- Robust investor portal -> portal not actively used.- Direct investment in the deals -> one of the deals turned out to be a fund of funds investment.- Prompt & transparent communications -> very poor, e.g. in Apr 2024 I was informed the property had been foreclosed in Dec 2023. - Lead operator in the deals -> well not really.
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26 November 2024 | 13 replies
I'd see if the employer would let me receive part or all of the bonus in 2025 for a number of reasons:- More time to pursue and execute tax-saving strategies- (Possibly) more time to hold on to the $$$ before taxes are due (2026 vs 2025)- Chance that, post-election, there is a possibility that there could be tax changes effective 2025 that could possibly help your situation.
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30 November 2024 | 16 replies
Some BRRRR Nuances:Rehab Budget: Ensure that bids are received from multiple contractors and that adequate reserves are made for cost overruns.
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25 November 2024 | 0 replies
Establish a Charitable Remainder Trust (CRT): By placing the property into a CRT, you can receive a charitable deduction, defer capital gains taxes, and receive income from the trust.
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27 November 2024 | 6 replies
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!
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25 November 2024 | 36 replies
I've reached out to customer service and received little assistance.