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19 July 2024 | 36 replies
As we grow older, it will be a topic we will be dealing with more and more.Thanks for sharing!
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17 July 2024 | 4 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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13 July 2024 | 1 reply
Hi allDoes anyone know of any lenders that will waive seasoning periods?
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20 July 2024 | 32 replies
Where you would rent out the property say June-September to vacationers for the peak summer season.
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16 July 2024 | 4 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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16 July 2024 | 4 replies
Two, I cannot use the funds in the IRA until I'm older and I'm not contributing to that account anymore, I figured through the income from the property my funds/future buying capabilities would increase.
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16 July 2024 | 7 replies
I've read some of the older postings but want to solicit the latest feedback.
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15 July 2024 | 15 replies
Gaining knowledge from seasoned investors and expanding your network might lead to insightful possibilities.A reasonable starting point is to have $25k in cash, but keep in mind that there may be other charges to consider, such closing fees, property management, and unforeseen maintenance.
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19 July 2024 | 53 replies
@Perry Farella Does the down payment have to be seasoned?
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16 July 2024 | 41 replies
You do not need to have a license to manage an apartment community.Property management can then be broken down into "annual" property management (normally a unit without furniture), a seasonal rental management (such as 2 weeks to several months up to 6 months) and then vacation rentals (sometimes for the weekend, a week, etc..).Each state has its different rules and licensing for each area of property management (annual, seasonal and vacation) as well as the different areas of management (association, apartment and property).I hope that helps.My understanding is that if you are an EMPLOYEE of the property owner you do not need to have a license; if you provide property management services as your management co owned business or as an independent contractor, then you do need a license.