Berry Starnes
short term rental loophole question about existing rentals when purchasing
14 October 2024 | 3 replies
I’ve helped plenty of investors navigate these tricky tax and management questions, especially with properties in popular STR markets like Phoenix and Austin.Good luck with the purchase—sounds like you’ve got a great opportunity on your hands!
Ted Barrett
Mortgage Rates Eating into Cash Flow Under 1% Rule
18 October 2024 | 25 replies
We are in a new era of higher interest rates, gurus selling information, and low supply in popular markets.
Tyler Lingle
Did you use a lawyer to set up your LLC?
12 October 2024 | 12 replies
But when disputes arise it's another story entirely.
Max Bellino
Anderson Business Advisers Asset Protection
15 October 2024 | 26 replies
For instance, if three of my properties are generating significant cash flow and performing well, they can offset any issues that may arise with another property, such as a heating system failure.
Lilach Holtzer
Any successful BRRRR in Jacksonville, Florida in the last 6-12 months?
12 October 2024 | 13 replies
Those neighborhoods have been popular because they offer a decent balance between purchase price and rent potential.
Account Closed
12 Questions to Ask Tenant References
11 October 2024 | 1 reply
This documentation can be invaluable if any issues arise later.What to Do if Applicants Don’t Have ReferencesSome applicants won’t have any—or limited—rental references, usually due to their age or being prior homeowners.
Alexis Moody
Mortgage financing and Debt to income ratio
11 October 2024 | 4 replies
https://www.biggerpockets.com/blog/short-term-rental-loans-a...DSCR Loans: Terms to Know When Working With These Popular Rental Loanhttps://www.biggerpockets.com/blog/dscr-loans-terms-to-knowWhat’s Next For DSCR Loans?
Mary Jay
Neighbors tree fell on my roof
15 October 2024 | 24 replies
This creates a record of your communication, which could be important if legal issues arise later.Liability Considerations: You’re correct in thinking that getting the LLC to pay for roof repairs could be difficult, especially if they own no assets or claim no liability for the tree falling.
David Cianci
Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
CPAs and Lawyers will always tell you to get one (and contrary to popular rumors this has nothing to do with getting more $ for filing fees).
Michael Ewers
Anna, Texas Real Estate Market
8 October 2024 | 0 replies
Anna's population continues to grow with a rise in the median income + infrastructure/new businesses.