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11 November 2024 | 12 replies
Given the size of the transactions generally offered on crowdfunding sites, there aren’t enough secondary trades large enough to make the economics work systematically (besides the regulatory constraints) for Broker/Dealers to be incentivized to help LPs to redeem their positions via a sale/transfer to a new investor before the end of the investment period.
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6 November 2024 | 0 replies
The #1 way real estate investors defer taxes to later dates is with a system called depreciation and bonus depreciation.Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income.Generally over a 27.5 (residential) or 39 (commercial) yr time frame.So each year you can write off a few percent of the purchase price against your income.
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4 November 2024 | 3 replies
My tenant ended his military contract and is looking to move out, but I would like to formally request his move out date as of Feb 1.
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6 November 2024 | 2 replies
I stumbled onto this subconscious thing that I do on BiggerPockets, and I think it would help everyone who is new to the site before they make their first post.
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6 November 2024 | 12 replies
Mark your property available for rent and it gets pushed out to several sites.
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4 November 2024 | 6 replies
I'd also have a hard move out date along with the lawyers (or whoever handles your closing-I'm in Canada where it isn't always the same as the US) holding back a large enough amount to get her to move out on time and leave the place in good condition.
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7 November 2024 | 15 replies
Any material change in the terms of sale, the tenant association right of first refusal is reinstated.Despite this being a pilot program, there is no defined end date for the tenant opportunity to purchase provision.Rental properties in the pilot zone are subject to further regulationsIf a purchaser purchases a rental property and uses any public funds in the purchase, then the rental property shall be maintained as affordable housing for no less than 30 years.Landlords may not evict for any other reason than serious, or repeated violations of the terms and conditions of a lease or occupancy agreement, otherwise defined as “just cause eviction.”PenaltiesAny person who violates the requirements set forth in this ordinance shall be fined, not less than $200 nor more than $1,000 for each offense.
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5 November 2024 | 7 replies
For your property websites, weather if its a direct booking site or not, what website builders are you using?
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7 November 2024 | 2 replies
Some are disclosed on the site, but it's not guaranteed they are all there.
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5 November 2024 | 2 replies
Always great to do research and not rush too quickly, but its almost always better when people "make the leap" sooner rather than later like you said, I'd recommend at least putting some pen to paper on a date/deadline to do your first deal versus someday