Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Canton is not quite as bad, although they have increased annual fees and initial inspection requirements in the past few years that Akron never put in place.
Catherine Parenteau
Renting Non-Conforming apt through Section 8 - good idea?
16 January 2025 | 2 replies
It sounds like you have an un-permitted unit, which is essentially always a risk since there has been no notice to the AHJ that it exists and they can therefore initiate a code case to have it removed in most cases.
Aaron Fischer
Transition to Inspira Financial Trust from Quest Trust Company
8 January 2025 | 0 replies
I know we all experienced a significant disruption at the initial transition, but it's now been almost 60 days.
Nicole Graziano
Tax's: negative income made on flips
3 January 2025 | 4 replies
(120k total)2nd house we are making a profit of 120k but this "profit" would literally pay us back for our initial investments into our LLC together we used on the first house ...anyone have any idea how the gov.
Gene D Stephens
Looking for Advice on Investment/DSCR loans
8 January 2025 | 10 replies
Your initial terms will vary based on your investment experience, but generally, you want to plan on needing 20% of the purchase price if you're a newer investor and the lender will cover 100% of the rehab.
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
There are many reasons that adding a single ADU in southern CA is a less than ideal RE investment (i will post a list at the end) but the negative initial equity is a primary reason as the initial negative equity position consumes the initial cash flow and can take many years to recover.As for converting your home to a rental….
Jonathan Glumac
Disclosing Sales Agent and Brokerage to MF Development Employer
17 January 2025 | 1 reply
Getting his/her initial reaction could open the door to an agreement that works for both of you.
Harinando Andrianarimanana
New Investor in Kirkland, WA - Starting with Live-in Flips, Aiming for Long-Term Rent
16 January 2025 | 2 replies
Once I've completed these initial projects and built up some capital, my long-term goal is to transition into buy-and-hold investments in potentially more affordable markets to maximize cash flow and scale up.Right now, I'm particularly interested in investing locally here in the Seattle metro area.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
16 January 2025 | 4 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.