Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.
David B.
“Live In” Flip Advice!!
14 January 2025 | 10 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
Josh Smith
Help me choose amongst 2 SFH tenants!
6 January 2025 | 5 replies
Yes, had to go in more detail with my answer. $5400 comes with too much risk and wear and tear on the property.
Jorge Lopez
BiggerPockets app change my iPhone and the BiggerPocket app ?
20 December 2024 | 41 replies
It’s an item in our roadmap, but maybe I just need to prioritize it to the top of the list in 1H 2024.Bottom line is that I allowed us to stop supporting it several years ago, in a decision I wish I could have back. honestly, I used to use the app personally as well.
Nicholas Halterman
What is the next step?
1 January 2025 | 3 replies
There are a lot more details that go into two VA loans and the downside but transitioning into a conventional loan on the investment refinance will save you a lot of frustartion down the road.
James Wise
Failed Leadership is why California is on fire.
16 January 2025 | 126 replies
I laid out in detail the details and steps of the clean up.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
There are some great webinars which go in depth to explain the details.
Aaron Raffaelli
DSCR Loan for a first time REI
8 January 2025 | 17 replies
Here's a bit more in detail about how rates are calculated for DSCR loans:1.
Brian Stinson
Insurance deductibles for SFR
6 January 2025 | 5 replies
These are just some of the additional items that will have a significant impact on carrier's rates, your premiums, and whether we start to see the insurance market soften anytime soon or not.
Cody Maxwell
SPEC homes line of credit
29 December 2024 | 7 replies
Local banks typically offer lower interest rates but might require a solid track record and detailed financials.