Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (5,679+)
Eleena de Lisser In Many Cities, Rent is Rising Out of Reach of the Middle Class
16 April 2014 | 3 replies
In December, Housing Secretary Shaun Donovan declared “the worst rental affordability crisis that this country has ever known.”
Tim Oppelt To be clear, Is paying a bird dog $500 for a closed property illegal?
21 April 2014 | 7 replies
Paying it is a cost of acquisition paid out of closing, if it's not disclosed on the HUD or settlement statement then it is a violation, it also throws your tax filings off, it throws the depreciation off, it causes tax issues and violates settlement procedures.The birddog gets nailed for collecting it under the conditions mentioned.Why not put your birddog in your LLC, a limited member or employee and pay them for work accomplished, close in the LLC name and declare the cost on your books.There are usually viable alternatives to achieving a mission legally and ethically with just a bit more attention and effort. :)
Roy Gutierrez Contractors wanting to get paid cash
18 April 2014 | 17 replies
If I go with this guy, I want to declare the expenses but there's no record of me paying him and I'm not sure I feel comfortable with this especially if it affects my taxes, I'm going to ask my accountant but I would like to hear your investor input.Thanks.
Patrick Shaughnessy New Member Intro & Real Esate Technology
7 February 2015 | 37 replies
Question #1:Short answer:yes, usually.Longer answer:It depends upon the model that is being used.There are models, i.e. predictive tools that forecast various outcomes.Some models predict the likelihood to become 90+ Days Past Due (DPD), to declare bankruptcy in the next X moths, to open a retail credit card, to open a bank card, to open a premium bankcard, to revolve a balance, to pay down debt . . . . well, you get the picture.Most often closing a credit card does hurt one’s credit, i.e. depress a consumer’s score, because the credit card’s available credit is removed from the denominator (all credit available) that is used to calculate utilization, the mix of credit card changes (esp. negative if the credit card is a higher-end card), and one’s credit history is shortened (assuming the closed credit card has been open for some time).Question #2:The quickest way to increase one’s credit score is to use of the many outfits one sees advertised, i.e. credit repair, credit fix and one will usually see a quick bump.However, like eating candy when one is tired, one gets the sugar rush (the increased score) but there is always a crash (when the bureaus catch up to this questionable practice).
Devan R. HOA Provision States - Can't Rent
22 February 2016 | 20 replies
We requested the declaration of documents that says this and are waiting for the HOA to provide this to us.The HOA indicated we can possibly contact Board of Directors and request to rent our home but it would be unlikely because if they do it for us they would have to do it for everyone else.The home is upside down.
Stephen E. Vacant for Showings?
3 May 2014 | 8 replies
As one prospect declared on seeing him on the computer in the bedroom, "I feel like I am violating your privacy."
George P. IRS, Owner financing, and simple interest
29 September 2011 | 5 replies
Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%).
Sharad M. Seller financing question
30 October 2011 | 12 replies
There have been many instaces where an individual seller improperly declared default.
Jason S. Lead Paint. RRP, EPA, Authoritative Source
23 November 2011 | 8 replies
Another option would be to hire a firm to declare the unit lbp free.
Joshua Dorkin 12 Principles Of Social Media Marketing
1 June 2012 | 14 replies
[probably 4] how many smart phone operating systems make up 90% of the market [probably three] Will the social marketing market continue to add more social media sites, or will the market declare 2 or 3 winners.