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20 July 2024 | 10 replies
We live in the Richmond Virginia area and we are seeking a lender that will approve sub standard credit.
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20 July 2024 | 4 replies
The primary purpose is to assist eligible veterans in purchasing, building, repairing, retaining, or adapting a home for personal occupancy.Asset Protection Strategies: If your goal is to protect your assets, there are other strategies you might consider:Insurance: Obtaining adequate insurance coverage, like homeowner's insurance and umbrella policies (as @Greg Scott mentioned), can provide a layer of protection against liabilities.Homestead Exemption: Some states offer a homestead exemption that can protect a portion of your home's value from creditors.Trusts: In some cases, placing the property in a trust can provide asset protection, although this can be complex and requires legal expertise.Legal and Financial Advice: It's crucial to seek advice from legal and financial experts.
19 July 2024 | 4 replies
I'm currently looking into the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) and need some advice on structuring a deal for a house that's in foreclosure.
Here's a brief overview of my situation:
Property Value...
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19 July 2024 | 4 replies
Hi BiggerPockets Community,
My name is I am finishing my MBA program next May, but I have become extremely invested in learning everything i can on Real Estate. I have read a few introductory books on real estate inv...
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19 July 2024 | 9 replies
Hello Investor Community,
My name is Gaia, and I’m an investor in Cleveland. I’ve successfully completed deals on the west side of Cleveland using the BRRR strategy. Currently, my partner and I are focusing on find...
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19 July 2024 | 1 reply
I'm ready to make this happen and seeking my first property!
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22 July 2024 | 71 replies
I think personally I have to juggle buying another property with loving my family well and making sure that the financial freedom I seek is worth the extra sacrifice now.
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20 July 2024 | 7 replies
Join local real estate investment groups, attend industry conferences, and seek out mentors with extensive experience in foreclosure properties.
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17 July 2024 | 4 replies
Also, avoid issues with city and S8 inspections.3) Marketing Impact - a purple bedroom doesn't need painting, but usually has to be done to attract a tenant.4) Miscellaneous - anything that doesn't meet one of the above criteria.By logically breaking these down for our owner clients, we help them make better decisions on "repairing to their budget" and avoid over-repairing or being a slumlord.Suggest you use this approach with your PMC to address the $22k bid.Lstly, how many bids did your PMC send you regarding the $2k pest treatments?
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17 July 2024 | 9 replies
The regular straight line depreciation is fine, that receives the normal treatment.