Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
24 January 2025 | 25 replies
Like look for something affordable but has a max weight capacity of 800lb.
Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
The bottom line is this: Concealment is not asset protection, proper (time consuming and expensive, I know) management, and good, prudent, practices (ditto), WHICH ARE ADHERED TO, and insurance (expensive), are needed for asset protection.
Carlos M.
$563,313 paid in interest in 2024
11 January 2025 | 4 replies
But if those payments feel like dead weight, Dave Ramsey’s “debt-free” mindset could be worth revisiting.Here’s a quick story to illustrate.
Daniel LeGare
Hello BiggerPockets! New PRO here
10 January 2025 | 7 replies
I enjoy college football, video games, and lifting weights.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
27 January 2025 | 9 replies
@Charles Perkins is absolutely correct about "collecting all receipts, properly tracking all income and expenses and your basis for all assets properly documented and recorded."
Christian Solis
When looking for Private money
25 January 2025 | 1 reply
Quote from @Christian Solis: When looking for private money how do you guys properly present a fix and flip and how do you structure that deal so they are happy with there return on investment ?
Lorraine Hadden
Is online shopping causing the death of Malls - What does that say for Commercial RE?
5 January 2025 | 17 replies
There would potentially be some weight issues with the 2nd+ floors of some shopping malls, depending on what the potential tenant wants to store in the upstairs unit.
Donald DiBuono
Buying a Trust vs Sub To
23 January 2025 | 7 replies
If the insurance isn't done properly, it's on the edge of impossible to cash the check because it's made out to the lender, my company, and the seller(s).
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
24 January 2025 | 8 replies
Gifting equity in a house may be more trouble than it is worth if you are not near the life-time exclusion1) Potentially having to get the property appraised everytime an equity is gifted2) Having a title company update the title every time3) Exemption of the gift tax return is normally for cash gifts below the annual gift tax exclusion, you may still need to file if you gift non-cash4) If there is partial ownership over several years, having to properly pro-rate certain items such as real estate taxes, mortgage interest and rental income if the property is a rentalBest of luck
Ed Long
How Do You Decide If a Borrower Is a Good Fit?
23 January 2025 | 9 replies
For instance, in my private lending, I dont really give a numerical credit score much weight, but I absolutely look at the composition and history of the individual tradelines on a report if the borrower is a smaller outfit, such as a single member LLC or similar solopreneur-type operator.