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29 January 2025 | 9 replies
@Kenny Bao typically I’ve found my work in connecting in off market deals 100+ units has left me spinning my tires.
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24 January 2025 | 10 replies
You just need confirmation from your broker the amount you would receive from the commission (if they take a cut), if you're your own broker you can authorize that yourself.
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30 January 2025 | 4 replies
IE rent to a tenant for >12 mo, dating before marriage, no late payments then with a down paymetn (long story here) I'll sell on either a contract for deed (typically mobile homes on land) or a note and mortgage (regular nicer houses).
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4 February 2025 | 2 replies
"the typical home warranty costs $450 annually, and only 25% of premiums are paid to homeowners.
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27 January 2025 | 6 replies
Refinancing: If the lender doesn’t approve, refinancing under the LLC might be required, but LLC loans typically come with stricter terms and higher rates.3.
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7 February 2025 | 1 reply
For more affordable properties—those priced under $400,000—the timeline is even shorter, with many homes receiving offers within two weeks of being listed.This fast-moving market poses a particular challenge for first-time buyers who may not be as familiar with the urgency required in competitive bidding situations.
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6 February 2025 | 15 replies
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!
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28 January 2025 | 0 replies
Both investments can offer tax benefits, but real estate typically has the edge.
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6 February 2025 | 5 replies
Generally, applying any monies received to fees first leaves the deficit as "rent".
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27 January 2025 | 9 replies
If you do place the property in her name, then inherit it later, it does allow for you to receive a step up in basis at that point, allowing you to sell the house shortly after her death without paying capital gains tax.5.