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11 December 2024 | 2 replies
Good Day BP Community, Along with my investment goals for 2025, I have a goal to scroll less and consume more meaningful content.
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12 December 2024 | 17 replies
We have been doing it based on square feet, but the ADU consumes way less water than what that would actually calculate to (the main house has a backyard, more people, etc).
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9 December 2024 | 23 replies
It’s considered an act of god if a strong wind blows down a healthy tree that nobody expected to fall, but if a dead tree has been looking like it’s about to fall for awhile and the owner has been notified of the hazard it causes, then their inaction can cause them to be negligent in addressing the hazard, and they may be found to be liable.
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10 December 2024 | 1 reply
Continuous participation.This is great if you are talking about an SMB with effectively connected Real Estate.Note rental activity is considered passive unless you meet the RE Pro threshold of 750 hours and more than 1/2 your time.This is the conundrum for passive real estate investors.If you have a full-time job or a large, time-consuming business it can be difficult or impossible to qualify.A huge loss from depreciation if you have one LP investment isn’t going to do anything for you.
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9 December 2024 | 24 replies
Quote from @Jaycee Greene: it all depends on the credit scores, but consumer mortgages tend to have lower interest rates than commercial loans.
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12 January 2025 | 185 replies
Of course there are other things that can happen that are out of the investors control such as an internal audit but outside of this, it would be super expensive and time consuming for lenders to randomly review all of there loans without cause.
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12 December 2024 | 12 replies
CA's Secretary of State forms list the name and address of either a manager or member, so unless you're hiring a third party to serve as manager of your LLC, anonymity is very hard to achieve once filing publicly in CA.As to the probate part, you're right that going through a court probate is a huge hassle, including being expensive and time consuming.
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7 December 2024 | 1 reply
They will do a Good title search that no liens or mortgage issues with the firemineral rights transfer, easements, a survey, type things need to be clear.glad you escaped the fire with your health is main thing
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31 December 2024 | 418 replies
The process has been and continues to be very time consuming as counsel is conducting due diligence, and has requested and is assessing a substantial amount of information.
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6 December 2024 | 27 replies
Even if the units you tour aren't the one you eventually buy, walking around the area and getting a feel for the property types will help you be a much more informed consumer when you are ready to pull the trigger.