Keaton Sheffert
First Time Attempting to Re-zone Land - Advice Needed
14 December 2024 | 13 replies
Curious some data points / arguments / etc. other BP users have used in the past to argue how and why a project would benefit the community.
Sean L.
New Investor looking to network
17 December 2024 | 4 replies
Your mentor has needs; try to meet them and develop a mutually beneficial relationship.A mentor can benefit your growth, but it's not as simple as one post on a forum full of strangers.
Jack Gardner
2 Bedroom / 1 Bath Rent Prices in Northeast Minneapolis
15 December 2024 | 5 replies
Structuring your lease in this way would benefit you by 1) locking in a longer term contract to avoid turnover costs and vacancy loss; 2) it moves your lease end date out of the winter season and into spring/summer of 2026 so it can be more easily marketed and re-rented to match the seasonal demand cycle; and 3) it avoids any upset/angry tenants who may have been incorrectly assuming their rent was going to stay in the $1,200 range after their first 6-month lease term.Would love to hear any updates you have on how this one shakes out for you though!
Melanie Baldridge
A quick mini guide on Bonus Depreciation
10 December 2024 | 1 reply
Quote from @Melanie Baldridge: The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.Before you buy a cost seg, you need to know the rules:Tax all starts with the types of income.1.
Michael Plaks
EXPLAINED: can I apply "STR loophole" strategy in December?
11 December 2024 | 15 replies
If you go out of your way to jump through all the hoops, all you can claim is 60% of cost segregation benefits.
Stacy Banks
Need my morgage put back on my credit report..
13 December 2024 | 6 replies
But there’s no benefit to be gained.
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
Or is it the volume of ongoing flips that will benefit the most with a project manager due to economies of scale?
Elliot Tan
Can you assume a VA loan with an entity?
13 December 2024 | 2 replies
Discuss this with the lender before proceeding.Partnership or Joint Venture:Structure the purchase with a partner or entity while maintaining the assumption in your name.This allows you to benefit from the entity's structure while complying with VA loan rules.Entity-Owned Financing:If assuming the VA loan isn’t feasible, explore refinancing into a non-VA loan owned by your entity after the property is acquired.4.
Gerald Harris
Avoid Most Of Your Real Estate Wholesaling Problems If You Follow These 5 Rules
12 December 2024 | 1 reply
I've noticed that building strong relationships with both buyers and motivated sellers has been a big benefit.
Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
3 January 2025 | 40 replies
Even if I didn’t want those properties at this point, I would not be benefiting anything to do all that work and then just get my money out.