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Results (10,000+)
Gerald Koonce Private Lending from Family Member
9 December 2024 | 2 replies
Use a promissory note drafted by an attorney to outline loan terms, including an interest rate that aligns with IRS Applicable Federal Rates to avoid gift tax issues.
Maria Jeanette Hello BiggerPockets! New PRO here
9 December 2024 | 16 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Craig Sparling Chicago vs the world: Forgone opportunities?
13 December 2024 | 18 replies
One of my favorite authors, Nicholas Nassim Taleb, sold me on the concept of Skin in the Game and holding all pundits accountable for prior predictions, myself included
Vivian Yip Mid Term Rental Knowledge sharing
10 December 2024 | 10 replies
With the help of JURNY I am able to instant book guests all day as I collect IDs, selfies, credit card holds and rental agreements on every stay (yes Airbnb and VRBO included)Whatsapp: I use this to communicate with my cleaners.
Jared Basker Renting vs Selling/Transferring Home to Family Members
10 December 2024 | 3 replies
FHA loans include oneproperty per FHA loan, owner occupied for at least 1 year, and can apply for new FHA loan in 2years.
Jeff Brogan Flippers - WWYD - What Would You Do?
11 December 2024 | 6 replies
Pull comps, if you rent it for 1500.00 you are cashflowing 120.00 a month with all the info you gave me and including fees except if you take any fees on (water/trash etc.
Penny Peng Preferred equity or common equity in a syndication
13 December 2024 | 10 replies
However, in such a case, a rescue fund would hold a superior position in the capital structure compared to the common equity investors, including yourselves and there acting as a parasite taking equity upside from all common equity investors.While this might provide a safer position for the pref equity slash rescue fund, it would also significantly impact the returns for common equity investors (previous guys).
Tim Holt House Hacking in Rhode Island
10 December 2024 | 6 replies
Make sure the property meets the 1% rule or close to it (monthly rents = 1% of purchase price) to ensure it cash flows after you move out.Yes, interets rates are higher than they were a couple of years ago, but rents have also increased significantly in many markets, including yours.
Andrew Pierce Doctors Loan/Conventional Loan = You Must Occupy the Property forever?!?
8 December 2024 | 10 replies
This would clearly exclude a ridiculous term which is not included in other conventional doctor loans by default, especially given the understanding that we were investing in real estate and doing rental investing, not just buying a temporary place to stay.  
Jason George Syracuse- 16 small bedroom, motel. Room-in housing. Best way to rent it all out?
9 December 2024 | 4 replies
While the lease will most likely include maintaining the units themselves, these organizations are not going to manage it anywhere close to what you could and should do.