William Taylor
New to BiggerPockets Forum as an Agent/Investor!
12 January 2025 | 5 replies
Hi @William Taylor, As an agent and investor, I have a few suggestions.
Mark A. McElhannon
Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
I started my career as a commercial banker a long time ago, but have been an independent mortgage broker for nearly a decade.
Jeremy Beland
This $200k Profit Deal Was Almost Lost Over an Eviction Battle
15 January 2025 | 7 replies
@Johnny Lynum we did offer them an aggressive cash for keys amount to get them out as soon as possible.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Angus Brooks
Tax Implications for Refinancing a Property in an LLC and Distributing Funds
16 January 2025 | 12 replies
It can potentially be deductible as an ordinary or rental expense, an itemized deduction or simply non-deductible.
Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
If you file an eviction then it must be filed locally, if your LLC is sued they will sue locally.
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
20 January 2025 | 11 replies
I doubt 10% of the GRM will equal enough to where an S filing status makes sense.The home office and such is nominal so that alone isn’t worth doing this.
AJ Wong
🌊 Where to buy an Oregon Coast AirBnB Vacation Rental For Sale in 2025
16 January 2025 | 1 reply
Below are a few areas and things to look for if you're exploring investing in an AirBnB on the Oregon Coast.Most notably, the heart of the Oregon Coast in Lincoln City STR permits will be more difficult to come by.
Steffany Boldrini
Seeking Advice: Issues with Jenny Yi, an STR Designer
4 January 2025 | 20 replies
Did anyone advise you, mentor you ,on how to find and vet an interior decorator?
Sean Gallagher
Taking over an existing lease with addendums, RBP, BPP.
4 January 2025 | 11 replies
Quote from @Sean Gallagher: If there is an existing lease, you must honor it.