Nate McCarthy
Investing in Sacramento - Lots of questions!
5 February 2025 | 6 replies
I'm a local real estate broker, investor, and manager (100+ rentals, mostly Airbnb/STR and multifamily).House hacking is a tried-and-true method and in Sacramento you can produce some meaningful income while enjoying the appreciation and tax benefits of owning real estate.
Anthony French
Any ideas or information finding funding for a development
24 January 2025 | 6 replies
Address Your Financial ProfileBridge the Revenue Gap: Highlight your equity in the duplex and use your sale proceeds to demonstrate “skin in the game.”Partner to Compensate Experience: A financially strong and experienced partner can help offset your limited track record.Focus on the Land Deal: Secure the land at a good price, as it’s a crucial step in gaining credibility and attracting partners.Final ThoughtsYou’re entering an exciting and impactful space in real estate development.
Erick Armando Gonzalez
Tenant Ignoring Renters Insurance Requirement – What’s My Next Step?
5 February 2025 | 21 replies
Quote from @Patricia Steiner: @Owen RosenNo...here's why it is 'additionally insured:" "An additional insured is anyone who enjoys the benefits of the insurance policy that is not the primary policyholder.
Will Greenlee
RentRedi Personal Experience - Do not recommend - Noticed BiggerPockets promotion
4 February 2025 | 3 replies
BUT then, the tenant complained that they were paying for the credit boosting feature in RentRedi and would not be getting their credit-benefit if the other tenant didn't pay on time.
Erika Andersen
Advice on working with a home buyer's RE agent using an hourly rate?
4 February 2025 | 17 replies
The exterior is a bit sad - which worked to my benefit.
Peter Neill
From PPR Note Co. to GSP REI: Finding My Freedom Raising Capital
27 January 2025 | 6 replies
You can read all the books, attend all the seminars and gain great insight from others, however nothing teaches like real life experience.
Brandi Jefferson
Hi! I'm happy to finally join the community!
16 January 2025 | 20 replies
LoL So really trying to learn what I can, gain some capital, and see what my options could be for the year.I'd like turnkey and long term renters in place, as that seems like a good way to get started as a rookie.
Brendan M Hornung
Sub-To Tax Advice Needed
4 February 2025 | 9 replies
If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
But have you gained anything?
Matt Schreiber
North Myrtle Beach STR
5 February 2025 | 9 replies
*Look for properties where you can gain immediate equity by buying at a low price.