James Anderson
How Do Investors and Agents Build Off-Market Deal Partnerships?
6 January 2025 | 2 replies
If you're strictly seeking off-market deals, I recommend connecting with and working with a reliable/resourceful wholesaler instead of a real estate agent.
Robyn Henderson
New York City Tub Requirements
3 January 2025 | 2 replies
Hey Robyn,In NYC, there's no strict requirement to have a bathtub in residential units.
Abhijit Roy choudhury
FINCEN requires Beneficial Ownership Information filing JANUARY 1, 2025
27 December 2024 | 4 replies
Seems like a very strict penalty if this is not followed through.The CTA provides that willfully reporting or attempting to report false or fraudulent beneficial ownership, or willfully failing to report or make updates to the reported data shall be punished with a civil penalty of up to $500/day while the violation continues (up to $10,000) and a criminal penalty of up to two years in prison.
James Syed
5 Day Notice Illinois
5 January 2025 | 18 replies
If it is unclear as to whether you have met the standards of the Illinois Code, it is recommended you speak with an attorney for an explanation of Landlord/Tenant Law.
Maria Jeanette
Renter Profile - Assisted housing program - good or red flags?
3 January 2025 | 4 replies
.- Tenant Accountability: Many programs have strict guidelines for tenants, and breaking those rules (e.g., property damage) could jeopardize their assistance, encouraging them to be responsible.- Inspections: Some programs require annual property inspections to ensure compliance with their standards, which can occasionally be demanding.- Damage Risk: As with any tenant, there’s potential for property damage.
Pamela Rivas
Seeking insights: Crafting a free guide for foreigners investing in Mexico.
17 January 2025 | 3 replies
While BiggerPockets has very strict rules about (disguised) advertising in the forums, there's a whole classifieds section for that.Hope this helps!
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
Do it wrong, no saying how many issues.I've done a ton of OOS BRRs, strictly invest out of city and mainly OOS.
Timothy Frazier
Hard Money Loan
17 January 2025 | 15 replies
This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations
Tuan Tran
Section 8 Fort Wayne, IN
15 January 2025 | 7 replies
I do have several S8 rentals, while they are generally performing well, there is more paperwork involved in the leasing and the strict inspections can be quite a pain.
Sofiya Cherni
Montgomery County, MD non-refundable pet fee change start date
16 January 2025 | 6 replies
Quote from @D'Ann Melnick: Yes, that is what the Maryland law is that was passed.