Venice Victory
How much would you spend today for a monthly cash flow of $40k?
1 February 2025 | 31 replies
The same skillsets apply to your question.
Zach Howard
New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 replies
@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Stanley Nguyen
Tax on private lending fund
21 January 2025 | 14 replies
Therefore, you will want to confirm that the trust company allows for investing in an LLC and the associated fees and minimim balance that applies to the IRA account.2.
Sam Robbins
Advice for rental in HPR
8 January 2025 | 6 replies
It’s in pretty good shape at this point, rentable.I travel a lot for work, and a friend gave me the idea to do a short term rental as a one bedroom, locking all of my stuff in the other bedroom and office - I applied today and was denied because I don’t own both sides of my HPR, even though I have written permission from the owner of the other half….
Jonathan Greene
Are the forums on BiggerPockets getting worse and worse or is it just me?
23 January 2025 | 52 replies
This applies even to the 100,001st question about LLCs vs Insurance.I recall a rule here prohibiting responses like, "This has been answered many times.
Brandon Morgan
high utility costs for tenants, non compliance, not sure what to do.
9 January 2025 | 3 replies
i told them to apply to programs that are available to help with electric bill.
Jorge Abreu
Key Takeaways for You to Turn Your Multifamily Real Estate Dreams Into Reality:
9 January 2025 | 0 replies
Success in real estate requires courage, perseverance, and the willingness to take calculated risks.Internalize these principles and apply them in your real estate endeavors, and you will be on your path to success.
Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
That's already in the law and applies to floors, windows, lawn, etc.
Collin Hays
Top 10 guest calls/complaints for 2024
12 January 2025 | 14 replies
Ha, hosts anywhere could apply this to their region simply by changing a few verbs and nouns.
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
Depreciation recapture applies at ordinary income rates capped at 25%, increasing your tax liability.