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27 February 2024 | 2053 replies
@Nicholas Aiola Very helpful resources.
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26 February 2024 | 7 replies
Hello, Bigger Pockets Community!
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26 February 2024 | 9 replies
If a host desires big appeal and profits, it can take a little more effort than the local resources provide. - Mortgage terms, rates and competitionTypically vacation rental properties are investment properties.
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24 February 2024 | 8 replies
Hi bigger pockets community,Many books and programs sell a dream of quitting your job in 3-5 years using OPM, even with little cash of your own.
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25 February 2024 | 7 replies
Your local PHA may also have resources to help match landlords with eligible tenants.The PHA must approve the lease agreement, ensuring it complies with Section 8 rules and rent limits.Pros:Guaranteed Rent Payments (sometimes even 100% based on certain tenant criteria)High demand for Section 8 rentals, which can reduce vacancy periods.Many Section 8 tenants prefer to stay long-term, reducing turnover rates.Cons:Properties must meet and maintain HUD's health and safety standards, which can involve additional maintenance and inspection requirements.The PHA limits how much rent you can charge, which may be lower than the market rate in some areas.Tenants must qualify for Section 8 based on income level and other factors, which may limit the pool of potential renters.Dealing with government agencies can sometimes be time-consuming and bureaucratic.In summary, converting your home into a Section 8 rental can be a good strategy for attracting and maintaining long-term tenants due to the stability and reliability of government-backed rent payments.
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24 February 2024 | 7 replies
Hello BP community! I'm relatively new to this forum, but not to real estate investing. I'm a licensed real estate agent in NC and SC, and own a portfolio of investments in the Carolinas, looking to connect and netw...
26 February 2024 | 10 replies
Hi there, I'm new to Bigger Pockets, and a total noob when it comes to investing with other people's money and raising capital.
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27 February 2024 | 43 replies
There's nothing wrong with doing virtual walkthroughs in my opinion IF you already have a relationship built with that broker AND you have a good idea of what you're doing.From a broker's perspective, if I'm spending my time, energy, gas, resources, network, analysis, etc. on a client that is either not making serious offers and/or is spending more quantity vs. quality - then I may be averse to walking every single property.
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25 February 2024 | 13 replies
This is a great resource for this question: https://www.greenbacktaxservices.com/blog/expat-taxes-explai...* Do I need to have an LLC or S corp before claiming this property as an investment property?