Vanessa Lule
Negotiation Tips for Airbnb Arbitrage + How do I Present My business Plan?
30 December 2024 | 7 replies
I have never done an application for a rental because they are so happy to find someone who is going to help them with their good location, but needs just a little work, property.
Maranda Tucker
Why Rental Listings in Charlotte Stayed on the Market Longer This Winter
6 January 2025 | 0 replies
The rental market is already showing signs of recovery:Spring Is Coming: Historically, the rental market picks up momentum in the spring as tenants prepare to move during warmer months or ahead of the school year.Early 2025 Trends Are Positive: In just the first week of January, we’ve seen a dramatic increase in rental applications, suggesting pent-up demand from renters who delayed their searches in November and December.What Landlords Can Do NowTo make the most of this recovery, consider:Refreshing Your Listings: Update your photos, descriptions, and pricing to ensure your properties stand out.Offering Incentives: Temporary discounts or move-in bonuses can help fill vacancies quickly.Being Patient: The market is already bouncing back, so don’t panic if your property takes a bit longer to lease than usual.What’s been your experience?
Don Konipol
How to Avoid LARGE Loses in Passive Investing
15 January 2025 | 24 replies
By diversifying, but still investing in the most promising deals, you limit the possibility of a devastating loss without limiting your upside.
Nicholas Dillon
Taking additional cash from a 1031 exhange
7 January 2025 | 3 replies
This $100,000 would be taxed at the applicable capital gains tax rate (0%–20% federally, depending on income) and subject to depreciation recapture at a maximum rate of 25%.
Jonathan Greene
Are the forums on BiggerPockets getting worse and worse or is it just me?
23 January 2025 | 52 replies
Exactly its why I only respond to limited PM's.
Michael Deering
Buying Rentals in Japan
25 January 2025 | 15 replies
Rising land prices are not that common either, and limited to select areas.
Jacklyn Robins
Trouble renting units in Cincinnati
21 January 2025 | 27 replies
We have a shortage of qualified applicants and conventional renters, which was created over Covid 19.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Chris C.
Anyone have experience with Elite Funding Group LLC
10 January 2025 | 16 replies
I submitted an application etc but I am going to finish the rehab to get better terms before resubmitting.The back story is that I am about 90% done rehabbing a home for a rental.
Ogonna Odo
Paying Contractors with a Credit Card
18 January 2025 | 8 replies
Only reason I've been doing it is to get 0% business credit card limit increases.