Reeves Bennett
Hello, BiggerPockets Community!
9 December 2024 | 10 replies
I’m now venturing into new opportunities to expand my expertise and grow my portfolio.I joined BiggerPockets to connect with like-minded individuals, share insights, and learn from the incredible wealth of knowledge this community offers.
Alexandre Boustany
Digitizing a Small Real Estate Business
12 December 2024 | 2 replies
., contracts, blueprints, reports, scanned records, etc.) while managing access permissions for teams and individuals.2.
Natalia Perlova
Tenant claims there is no heat, and it's Christmas
31 December 2024 | 57 replies
This individual might have a furnace problem?
Tyler Rabanus
DSCR Cash Out Refi Questions
15 December 2024 | 14 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
Giving away the place cheap only creates more work for yourself screening lower income individuals, and attracts scammers.
Timothy Franklin
Clarifying the wholesale transaction
15 December 2024 | 7 replies
Gray area interpretation up to individual courts which have rendered seemingly contradictory decisions.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
But I do not have to wake up and use the most valuable resource in the world - time - to contribute to another individual's or corporation's wealth.
Marcus Welson
1031 exchange identification deadline extension
9 December 2024 | 2 replies
However, the actual deadline would be April 15, 2025 my individual tax payer filing deadline per Rev.
Marcus Auerbach
What does the new EPA initiative mean for landlords with lead water pipes?
15 December 2024 | 10 replies
Requiring the homeowner to replace the pipe individually would seem like a huge octopus of inspections and enforcements and etc.
Rob Dallek
Transferring title on a property received as a beneficiary from a self directed 401k
9 December 2024 | 1 reply
My late wife and I held joint interests in a piece of real estate in our separate individual self directed 401k accounts.