Sarah Nowell
Hard Money Loan via GROUNDFLOOR
15 October 2024 | 2 replies
The loan has an expected 11% interest rate over a period of 15 months.
Olivier Chaine
LLC Transfer - for Loan
16 October 2024 | 5 replies
Once the “cure” period is expected, the lender has to send a notification of intent to foreclose to same parties.
Alton Swann
What’s the best way to structure initial debt?
15 October 2024 | 4 replies
Specifically, I’d like guidance on what to offer the investor(s) for the use of their funds over a 12-24 month period.
Clay Teegarden
Fix and flipping tax implications.
17 October 2024 | 9 replies
Here are a few of the old threads, to get you started (and probably more confused).https://www.biggerpockets.com/forums/51/topics/1164339-what-...https://www.biggerpockets.com/forums/51/topics/1177752-capital-gains-on-partial-releasehttps://www.biggerpockets.com/forums/51/topics/1200256-tax-implications-of-holding-period-for-property-flip-in-floridahttps://www.biggerpockets.com/forums/51/topics/1184208-self-employment-or-long-term-investment-income
Raghavendra Jakkani
Process of renting out my first investment property
16 October 2024 | 4 replies
My list includes - last 2 years employment history and current employment [2 paystubs], criminal checks, eviction checks, No Pets, No smoking, tenant pays utilities, maintains landscape, no subleasing, bring own washer & dryer, 1 month security deposit and transfer of utilities before moving in, rental insurance, all occupants will be on lease, notice period of 2 months for termination, tenant references, No cosigners, no painting walls, late fee notice, any hoa fines should be paid by tenant, inspection of property at 3, 9 and 12 months.Please let me know if I am missing anything.3.
Imani Naomi
Where to start - Multi-Family or Single Family Homes?
19 October 2024 | 16 replies
And, assume that rents increase by 2%/Yr and inflation averages 5%/Yr over the expected hold period, which I will assume is 20+ years.
Sylvia Castellanos
Does the cloud over a quitclaim deed ever resolve itself with time?
13 October 2024 | 5 replies
I am wondering if there are alternatives that I can explore myself without incurring that expense.Your input will be greatly appreciated.Probably what you have been told is that in certain types of auctions in certain states there is a "redemption period".
Geoff Prickett
Las Vegas Condotel: Syndication and Bonus Depreciation Questions
16 October 2024 | 7 replies
Licensing/STR has nothing to do with REPS.Bonus depreciation applies to assets with a recovery period of 20 years or less (e.g., renovations, furniture), but not to the land, down payment, or HOA fees.
Othman Zizi
Philly first time investor - New Western
17 October 2024 | 6 replies
Investors who do well are the ones who: buy in solid areas, hold RE for a long period of time, take care of their properties, and find tenants who take care of their assets.