Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.
Ricardo Polanco
NYC Short Term Rental legal advise
15 January 2025 | 9 replies
They have to allow them in to inspect to make sure things are copacetic.
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
23 January 2025 | 5 replies
Paying off the mortgage can provide peace of mind and simplify retirement, while keeping the debt allows you to leverage your funds for higher returns through investments.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
I highly encourage everyone to view the property before putting money down, but that's not ideal for many of them, so I do allow them to rent "sight unseen," but I am very open with them to ensure they don't show up and back out.1.
David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
These loan products include a partial release feature that allows them to be repaid gradually as TIC interests are sold, and ensure that the sold TIC units are not encumbered by a blanket encumbrance.- The variety of financing products available as individual tenant in common loans remains limited, and the terms are generally less favorable than either apartment building loans or condominium loans.
Jason Weidmann
Looking to start investing in LTR,
31 January 2025 | 11 replies
Since then, we have been dedicating our time to learning as much as possible—reading extensively, analyzing potential deals, and listening to BiggerPockets podcasts.After careful consideration, we decided to sell our current home and rent instead, allowing us greater flexibility as we begin our real estate investment journey.
Kenneth Joseph Perfido
Creating LLC in a new state
29 January 2025 | 2 replies
Registering as a foreign LLC allows you to maintain continuity with your existing business structure, branding, and EIN while operating legally in the new state.
Joe Ziolkowski
Glad to be here!
26 January 2025 | 1 reply
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Kevin Connauton
Searching for a Property Manager for my Rent by the Room Property.
29 January 2025 | 6 replies
Personally, I self manage but have built systems to allow it to be fully remote and very passive.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
Thanks.Hi Courtney,BiggerPockets Pro members get access to all Stessa core (free tier) functionality – plus unlock exclusive access to advanced features, like unlimited portfolios and Schedule of Real Estate Owned (SREO), all at no additional cost.BiggerPockets Pro members have free access to all Stessa’s featured benefits as well as advanced features, like unlimited portfolios and Schedule of Real Estate Owned (SREO) – giving Pro members exclusive value not offered to Stessa Free members.Simplify tax time and help maximize deductions Organize financial data and accountingEasily track key property metrics to optimize and boost ROI.