William Fisher
Figuring out percentages of contractor/ lender partnership
9 January 2025 | 4 replies
To establish a 50-50 ownership in both the property and future profits, you'll need a formal agreement outlining each person's contributions and rights.
Nicholas Pelliciari
New to Bigger Pockets
21 January 2025 | 5 replies
Keep learning and determine your long term goals.
Michelle Baldwin
PMS Software to Link 2 Separate VRBO Accounts
18 January 2025 | 6 replies
The owner seems to want to not lose ownership of the account altogether.
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Sometimes, properties owned by non-profits have deed restrictions, zoning conditions, or agreements tied to their use.Tax Considerations: Non-profits often hold tax-exempt status, so you’ll need to ensure that taxes are assessed correctly once ownership transfers to you.Potential Public or Internal Scrutiny: If the transaction appears to undervalue the property or is perceived as exploiting a non-profit’s resources, it could lead to reputational risks for you or the organization.
Ike Okwerekwu
Property Manager Referrals
27 January 2025 | 7 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Dwight Henning
Management company recommendations
18 January 2025 | 4 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Tyler Sweet
Cryptocurrency and Real Estate
16 January 2025 | 6 replies
The idea of ownership is changing with the emergence of web3.0 :)Just my 2 cents, not financial advice.
Khon Kounbandith
Sub-To Pre-foreclosure Deal
10 January 2025 | 5 replies
Quote from @Khon Kounbandith: Took ownership and did renovations and put on the marketHow do you do renovations for $60?
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
Gifting her cash simplifies ownership but forfeits these tax advantages and requires filing a gift tax return for amounts over $19,000 (2025 annual gift exclusion).
Adam Aero
To renovate basement or not for appraisal?
1 February 2025 | 5 replies
I would get together with your realtor, have them tour your property and then run comps to see what the value add would be, then simply pencil it out to determine the return.