Catherine Parenteau
Renting Non-Conforming apt through Section 8 - good idea?
16 January 2025 | 2 replies
Typically, structures are grandfathered under old codes and zoning in which case it would be called compliant, but non-conforming.
Pierre Garcia
New to the real-estate game. Taking my first steps through bigger pockets platform.
6 January 2025 | 1 reply
The Numbers:Cash Flow Analysis: Investors typically look for properties that will generate positive cash flow—meaning the income from rent covers the property’s expenses (mortgage, taxes, maintenance, etc.) and then some.
Nicholas Nakamura
Investing in Ohio-Specifically Section 8
5 January 2025 | 33 replies
This is largely because I can typically get higher rents in B and A-class neighborhoods without relying on Section 8.I’d recommend focusing your search on C and C+ neighborhoods, for both multi-family and single-family homes with more than three bedrooms.
Brandon Morgan
is an LLC necessary?
16 January 2025 | 29 replies
No - but I'd say about 90% of my borrowers/investors utilize an LLC for what it's worth.
Todd David Crouch
Self Employed or W2??
12 January 2025 | 4 replies
Bonus, Overtime, and Commission income all typically need a 2 year average either at the same job or in the same line of work.
Owen Reeter
At what point in real estate do you really become financially free?
6 January 2025 | 2 replies
Now purchasing a home with cash is always good b/c obviously cash is king but also I think the part you might've missed is that, the money your utilizing on these home's won't actually be yours, but the banks or whatever institution you used to fix the home or make its value worth more.
Kar Sun
Tenant insurance underwritten with landlords name
4 January 2025 | 5 replies
However, tenant insurance is typically intended to cover personal property and liability for the tenant, not the building itself.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
And the passive loss rules may prevent you from getting a tax benefit if your rental deductions are more than your rental income for all of these options.David OrrTax ModernFirstly, utilizing Section 179 deductions for a vehicle purchase can indeed be advantageous, particularly if the vehicle is primarily used for business purposes.
Ben Hedvat
Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
I typically focus on off-market deals, so I didn’t work with an agent to find this property.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
Condo's are usually on the cheaper end of cost for appraisal reports, typically not $750 (but if it's a high end condo or in an area with there's some complexity, the fee can reflect that).