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15 October 2024 | 26 replies
As I see it, consolidating all of our assets under a single holding company offers numerous benefits, including tax advantages, better lending oppurtites, and possibly more liability protection.
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12 October 2024 | 2 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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13 October 2024 | 24 replies
Just not sure which one is the best option from a STR standpoint.Ours is a State Farm business owners policy (BOP) which has the features you mentioned -- building replacement cost, $1M/$2M commercial liability and loss of income coverage.
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11 October 2024 | 13 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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12 October 2024 | 2 replies
Similar to Realtor.com the leading real estate company Zillow announced it will disclose climate risk features such as: flood, fire, wind, heat and air quality risks.
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10 October 2024 | 5 replies
I have numerous in mind that I saved on Zillow and Redfin.
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11 October 2024 | 3 replies
Would you find value in a dedicated software tool that centralizes and automates due diligence tasks, track task progress with due dates, and add team collaboration features so you can see who’s doing what at a glance—all your projects, due dates, and task statuses in one place.
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11 October 2024 | 17 replies
Connecting with others will accelerate your learning process in a strong market with numerous opportunities.Good luck!
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15 October 2024 | 40 replies
Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....
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11 October 2024 | 7 replies
This project spans over 49+/- acres and features 50ft, 60ft, & 70ft lots, adjacent to a large lake that will serve as a stunning community amenity.