Mark Daniels
Advice on borrowing against a paid off Commercial property to buy an additional one.
18 January 2025 | 8 replies
Unfortunately, such a funding option is not generally available for commercial properties, unless your LLC or Corp that is the borrower has other "unencumbered" assets that can be leveraged to generate the funds you need.
Account Closed
"Additional Insured" clause in PM contract
17 January 2025 | 7 replies
Account Closed a PMC has two options to get liability insurance (tenant slip & fall) protection:1) Get added to owner's policy as Additionally Insured (NOT named insured).2) Setup a master commercial policy and add every property they manage to it and then charge those owners the cost of the policy.Otherwise, a PMC CANNOT get liability coverage on a property they have no ownership interest in.So, nothing wrong with their request.
Max Bellino
Online Cost Seg studies Vs Site Visits
28 January 2025 | 6 replies
@Max Bellino For smaller properties like your 2–4 unit multifamily buildings, an online cost segregation study is a quicker and more cost-effective option, providing sufficient accuracy for straightforward properties.
Stanley Yeldell
Excited to Start My Real Estate Journey!
24 January 2025 | 4 replies
For funding, explore options like FHA loans, personal savings, or creative financing, and focus on New Jersey markets that align with your goals, such as Newark for rentals or commuter towns for house hacking.
Carl Taylor
Ai offer writing platforms
28 January 2025 | 0 replies
Homewrite is seems like it could be a good option.
Matt Agnew
Using funds from an SDIRA for real estate purchases
20 January 2025 | 7 replies
So brainstorm the different options then pull the trigger!
Edgar Duarte
should I sell NOW to avoid taxes or hold it for appreciation?
22 January 2025 | 4 replies
Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?
Anthony Freeman
Property Management software
17 January 2025 | 6 replies
There are a lot of options out there.Some of the most useful items BiggerPockets members have identified are features that save time so they can spend time working on their next property.
Stephen Patton
Newbie & Confused
24 January 2025 | 6 replies
There is 3-5% down payment options you can use.
Nick Sette
Back on the horse!
30 January 2025 | 2 replies
It's great to see the inventory is coming back there are a lot of options out there and I'm feeling excited!