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17 July 2024 | 7 replies
LLCs are for protection primarily so just creating one and putting it on your lease, isn't sufficient to truly protect your interests.
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16 July 2024 | 0 replies
A streamlined process for cost segregation studies: AI is able to help streamline the cost segregation reclassifications by analyzing and identifying property components into their appropriate useful life more efficiently than traditional methods.The ability to identify eligible tax credits: AI is able to sort through and analyze a vast amount of tax laws and regulations in order to attempt to identify potential tax credits available to the real estate investor.
16 July 2024 | 2 replies
Welcome to the vast world of real estate and Bigger Pockets.
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16 July 2024 | 1 reply
hello BP - have to call on your vast, extensive experience.
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22 July 2024 | 82 replies
It was clear from the video that this new law attempts to prevent wholesaling entirely, and Pickren feels that the interpretation of the law is sufficiently wide enough that any marketing for the assignment of a contract will fall of under the definition of this law.
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16 July 2024 | 0 replies
The vast majority of mortgage pros I work with are just that, professional, qualified and operate in true fiduciary capacity.
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18 July 2024 | 40 replies
If your goal is financial freedom you need an income that meets four requirements:Rent increases faster than inflation: Only if rents increase faster than inflation will you have sufficient dollars to pay inflated prices in the future.Sufficient to replace your current income: You must have sufficient income to replace your current income.Lifelong income: It must continue throughout your life.Low operating costs: Every dollar you lose to operating costs is a dollar less for you to live on.Rents Increase Faster Than InflationWe live on buying power, not a fixed number of dollars.
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15 July 2024 | 5 replies
A misdemeanor may be sufficient to deny application if the conviction was recent and didn't involve a more serious crime, such as battery or intentional property damage.
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16 July 2024 | 26 replies
I may switch to a 5% conventional loan to avoid the risk of failing the self-sufficiency test.
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16 July 2024 | 0 replies
., sufficient insurance, application fees, certificate of occupancy, etc.).