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23 December 2024 | 10 replies
So much good information & so many individuals willing to offer advice from their wealth of experience.
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28 December 2024 | 7 replies
The idea is to find a pocket or neighborhood that offers the right combination of estimated ROI and rental demand, giving a balance of cash flow and tenant demand.In my view, this approach provides a more reliable signal of demand than relying solely on pricing adjustments or short-term market trends.
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20 December 2024 | 28 replies
If you are comfortable with your structure that’s great!
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23 December 2024 | 3 replies
When you are living in a property owned by the LLC you are mixing those things giving anyone who sues you a good case to "break the corporate veil" and sue you personally thereby negating any protection the LLC was offering you. 4.
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26 December 2024 | 15 replies
I would definitely encourage to utilize all the resources that Bigger Pockets has to offer.
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23 December 2024 | 5 replies
You could also offer to cover part of their tax liability through negotiation or encourage them to convert the property into their primary residence to use the IRS exclusion for up to $250K/$500K in gains.
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23 December 2024 | 0 replies
However, sellers currently on the market are more likely to accept lower offers, giving us some room for negotiation.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents held steady from October to November, bucking the seasonal trend.
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24 December 2024 | 10 replies
Your value is, to provide sellers that don't want to list, with a way to get cash for their house and provide buyers with discounted off-market properties they can buy to make a profit on.I am not saying it is not possible to wholesale from the MLS, but it seriously defeats the purpose.Focus on becoming the person/company that offers the most and best value and you will succeed.
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21 December 2024 | 12 replies
And Vystar wanting the land and the construction to perm makes a lot of sense given the terms they're offering.
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15 December 2024 | 59 replies
The house is comfortable renting out to 2 tenants with their own bedrooms and an extra fridge.2) You should wait until after this COVID bust. 30% of mortgages in the United States were laid or in default in April / May.