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3 February 2025 | 1 reply
and demand....yet today was a first for me.
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8 February 2025 | 3 replies
I downloaded the forms packet from the management section of bigger pockets and didn't see a template for an eviction notice.
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6 February 2025 | 12 replies
Their ability to invest alongside is merely a way for me to ensure they take their responsibilities seriously.
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21 February 2025 | 6 replies
In the end, it cancels out any benefit.Loss of Key Homeowner BenefitsIf you sell your home to an LLC or S-Corp, you’ll lose:$250k/$500k capital gains exclusion on selling a primary residence.Homestead exemption on property taxes.Owner-occupied insurance rates, which are cheaper than rental insurance.Substance Over FormIn tax law, the IRS looks at the substance of a transaction, not just the form.
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23 February 2025 | 4 replies
Advancing my knowledge of underwriting is a key area for me to grow, as I've always understood this to be something the lender does but I keep hearing that we as investors get creative with underwriting.
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17 February 2025 | 4 replies
The BiggerPockets podcast was really helpful for me when getting started as well.
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17 February 2025 | 10 replies
At NCNB you re-fi'd a rental for me spectacularly.
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21 February 2025 | 2 replies
You can explore the list of California "non-conforming" rules here:https://www.ftb.ca.gov/forms/2022/2022-1001-publication.pdfWhy did CA decide to not conform to (in other words, ignore) so many Federal tax rules?
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5 February 2025 | 5 replies
Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?
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8 February 2025 | 1 reply
Found T&H realty services to be pretty interesting as they provide both buyer brokerage service (to help me find deals) as well as do property management i.e. they are not full turnkey provider necessarily, but reduces some of the hassle for me I guess as an out of state investor.