Isaac Watson
Top Tips For Purchasing Small Multi-Family Through Creative Financing
12 January 2025 | 3 replies
If that's what you're really after I would start with the basics of what kind of bank loans either residential or commercial are available to you - not saying this is the best option, but it's a good place to start.
Mead Vest
looking for particulars about how partnerships work
10 January 2025 | 2 replies
Basically, flip partnerships suck unless you spend a long time being clear about the roles and payouts, etc.
Jasmine Thermitus
Primary to Rental Property
15 January 2025 | 15 replies
We know many agents in our market that are really clueless beyond the basics of tenant screening. - You have no recourse against an agent or PMC once you pay them for the placement and it turns out to be a terrible tenant:(If you have the time and network and post here for assistance, it's always a good idea to learn the rental business from the "ground up".Of course, one mistake can also cost you thousands of dollars.
Sendil Thangavelu
Well water and sediment issue , Ocala, FL
3 January 2025 | 0 replies
There is a filtration (basic ) in thee garage that came with the house when I purchased, but the filter gets rusty in about 5 days.
Melanie Baldridge
A post on recapture.
20 January 2025 | 1 reply
Basically, there's no free lunch when it comes to taxes.Depreciating property lowers your tax basis.
Sarp Ka
Cheapest way to make a cash offer???
20 January 2025 | 4 replies
So I'm guessing I can get a DSCR loan; my basic googling shows that they cost around $10k to close; which seems very high for my strategy; considering I'd be holding this for 2-3 months maximum.Getting HELOC seems another way, but I don't necessarily have that much equity that I can tap into.
Patrick Braswell
Home Equity Loan vs. Refi on rental without existing mortgage?
19 January 2025 | 5 replies
I'm hoping he'll have some options for me.I know a Home Equity Loan is basically a second mortgage in normal situations, but they seem to come with less red tape from what I've found.
Kyle Carter
How to build a out of state team
7 January 2025 | 8 replies
Ask if they upcharge maintenance, charge to go to eviction court, post notice, etc. etc.
John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
But the more property you buy the higher the likelihood of being involved in a situation where asset protection above basic liability insurance can SAVE YOUR A_ _ !
Teslim Salami
Cash Flowing Rental Property
12 January 2025 | 5 replies
That shows real estate can be possible for anyone; in my opinion, I know everyone has unique and challenging situations, but in principle, anyone who can follow some basic budget fundamentals can save up enough for a down payment.Grateful BiggerPockets continues to bring more people into the industry!