John Campbell
LLC vs Umbrella Insurance vs Other Options
28 June 2024 | 10 replies
This step should be done carefully, with legal advice, to minimize the risk of triggering the Due on Sale Clause.Monitor the Loan: Ensure timely mortgage payments to avoid drawing attention from the lender.Legal Support: Have an attorney review all documents and agreements to ensure compliance with local laws and mortgage terms.The Due on Sale Clause is a critical tool for lenders to protect their financial interests, manage risk, and maintain the quality of their loan portfolio.
Logan M.
The Power of DIY as a Newbie
26 June 2024 | 1 reply
This is critical early on when you start investing.Better Property Management: Understanding the basics of plumbing, electrical work, and other home systems means you can quickly address minor issues before they become major (and expensive) problems.
Flavio Vela
JWB Real Estate Cpital
25 June 2024 | 37 replies
Gregg and Pablo do a fantastic job of presenting opportunities and explaining various facets of passive, turnkey rental property ownership.Ken Meleen
Mike Auerbach
1031 Specialists - The biggest 1031 Hack
25 June 2024 | 11 replies
I think it's also worth mentioning that having a Plan B replacement property is also critical in mitigating the timeline risk.Even if the preferred replacement property is already under contract well before the 45-day window.There are many unforeseen circumstances that could result in a deal falling apart before closing, even if things appear to be smooth sailing from the start.
George Kopp
Lending with Personal Guarantee
25 June 2024 | 19 replies
but to criticize a member reader here because he asked for some general advice is against the principals of this forum.
Adam Eckhoff
Section 8 - What am i missing?
25 June 2024 | 10 replies
Your local S8 Housing Commission should have an info sheet on their website that shows their deductions if landlord chooses not to include electric, gas & water.Even more critical, your $680 mortgage amount, that you appear to be comparing to the S8 rent, should include ALL the other housing ownership costs: property taxes, insurance, vacancy/tenant nonperformance (S8 tenant may have to pay part of rent), maintenance & miscellaneous.Suggest you use the BP Calculator for this.
Derek Bleam
Questions about starting an LLC
26 June 2024 | 18 replies
The way in which the entity is operated is the critical factor.
Reid Yoshida
Hello Bigger Pockets Community
23 June 2024 | 1 reply
It’s been an exhilarating journey, and one aspect I’ve found particularly fascinating is the critical role of property management in optimizing investment returns.
Golan Corshidi
Is investing based on appreciation a recipe for disaster?
25 June 2024 | 125 replies
The problem is, just like every other facet of real estate, people dont know what the hell they are doing.
Carol Hopwood
Did you purchase a Wagner Nolasco turn key B2R Direct property?
24 June 2024 | 14 replies
We are at a critical point for delivery in June / July of this year.