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19 January 2025 | 10 replies
I have checked with our lender and keeping this home's mortgage will not effect qualifying for our next house.4.
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9 January 2025 | 5 replies
Does anyone have a good effective 3rd party mailing company to send mailers direct to seller?
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17 February 2025 | 69 replies
The other 2 lots I created ended up being on the other side of the street so it didn't really effect how my estate was laid out and $400k is a nice lil chunk of extra change to have when you're doing a big build.
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13 January 2025 | 12 replies
The ability to get funding in just a few days can make a world of difference, allowing investors to act quickly and lock in the best opportunities.I’m curious, in your experience, what strategies have you found most effective for building strong relationships with reliable direct lenders?
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11 January 2025 | 9 replies
I'm going to reiterate what's already been mentioned above, but I'm going to actually give you examples of why it's relevant to you to find a U.S. tax professional.1 - You're going to need to file U.S. taxes once you have property down here, there's federal filings, state filings, and sometimes local filings too2 - Tons of tax treaties between the U.S. and Canada that are easy to miss and can cost you a lot of money (important one with rentals - effectively connected income - if the professional you talk to doesn't know what this is, run away)3 - The amount of days you spend in the U.S. needs to be tracked and if you go over a threshold, all of your worldwide income could be taxable by the U.S.4 - Selling real property means up to 15% of your sales proceeds might not be available to you for years (FIRPTA)5 - Lots of nuance at the state and local levels, which both want to take as much money from you as possibleMain takeaway here is that you should find a U.S. based tax person.
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13 January 2025 | 15 replies
Quote from @Chris Seveney: For those experienced in private lending: This question was posed to me in my membership group from an investor:What strategies have been most effective for scaling your loan volume to $5M+ per month?
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13 January 2025 | 5 replies
https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...
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11 January 2025 | 2 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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18 January 2025 | 18 replies
They don't understand how to price effectively, study the market, set boundaries with tenants, establish policies and procedures, communicate, and dozens of other things.
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10 January 2025 | 11 replies
As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.