Tove Fox
Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
Vinny Muli
Tapping into equity on my property that is under an LLC
3 January 2025 | 19 replies
Holding properties in an LLC (or other legal entity) can offer valuable protection for your personal assets, so I understand why you went that route.
Chris Kay
True VA Loan Occupancy Rules (Is There Really a Length Requirement?)
26 December 2024 | 1 reply
There is nothing about how long you need to occupy the property for.So unless our lender puts a demand on us I see no problems legally in occupying each property for any amount of time to fulfill the requirement, then rinse and repeating this process up to our full entitlements, so long as the lender is willing to keep giving us loans.
Dan Thomas
Airbnb claim process
4 January 2025 | 19 replies
If this is a big-ticket item, you might consider legal action against Airbnb.
Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
An LLC is useful for two things: anonymity and legal protection.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Even OP had some defenders here on BP when the complaints first started coming out.
Clint Miller
How Are You Supporting Investors This Holiday Season?
23 December 2024 | 2 replies
What we typically do during this time of year on our owner occupied non performing loans is not perform any legal actions between thanksgiving and christmas.
Ana Vhan
Lawyer recommendation in Washington state
23 December 2024 | 3 replies
I'm dealing with a unruly tenant and need to take legal action.Looking for local Issaquah or greater seattle tenant-landlord lawyers.thx.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
As you probably know, California includes all foreign immigration - both legal and illegal to boost the numbers.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
—namely, Isaac Winkles, reporting companies for which Isaac Winkles is the beneficial owner or applicant, the National Small Business Association, and members of the National Small Business Association (as of March 1, 2024)—are not currently required to report their beneficial ownership information to FinCEN at this time.This email is not intended to provide legal advice or serve as a substitute for legal research to address specific situations.