Sousie El
Seeking Legal Advice on HOA and Water Damage Issue
2 January 2025 | 2 replies
They may also be able to temporarily relocate your tenant to avoid any other issues.
Antonio Tamayo
Tax Lien Certificate
3 January 2025 | 2 replies
Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often.
Keith Groshans
Keep Idle Cash Working in SDIRA
15 January 2025 | 8 replies
The monthly payments are great, but the issue I am running into is what to do with idle cash.
John Friendas
LLC Mortgage Under Partner Instead of Me
12 January 2025 | 22 replies
The distributions and allocations on your K1 will dictate what is attributed to you.
Brian Plajer
Does anyone invest in Ocala Florida
11 January 2025 | 24 replies
In the past 10 years, Ocala has greatly improved the employment base, adding tons of logistics and distribution jobs on top of the medical, service and equestrian jobs that we have always had.
Gabe Goudreau
Acquiring Properties With Different Partnership Structures
13 January 2025 | 7 replies
A syndication was way overkill because there were only 5 capital partners so they customized an operating agreement with their attorney that outlined roles and responsibilities, distributions, membership interests, etc.And you don't have to have all this stuff figured out right now; it's very customary for us to assign the contract to whatever customized entity we end up forming.Just one caveat.
Brett Henricks
DST Investors with Crew Enterprises I am trying to locate you
4 January 2025 | 0 replies
If you are a DST investor with Crew Enterprises a.k.a Versity Investments a.k.a NB Capital with suspended monthly distributions please PM me.
Tom Nagy
Stay away from RAD Diversified
18 January 2025 | 29 replies
I've lost count of the number of RAD investors who posted in the BiggerPockets forums about their "hard money loans" and then having their distributions "frozen".
Robert Medina
Attempting to brrrr but having issues
15 January 2025 | 8 replies
Hello I have attempted to brrrr a property recently but didn’t quite go as well as I wanted. So I bought a single family home for 315k that was considered inhabitable. I was able to get a private loan which I used to ...
Brad Kanouse
IRA funds as down payment
16 January 2025 | 17 replies
@Brad Kanouse,I believe this is a duplicate of this post:https://www.biggerpockets.com/forums/311/topics/1210256-usin...But regardless, here is my answer:If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.