Bobby Short
Costa Rica 2nd property Mortgage
11 January 2025 | 12 replies
I think the LLC also makes it easier to open a local bank account, which is convenient to pay utilities or other local bills or your property manager, etc.
Account Closed
"Additional Insured" clause in PM contract
17 January 2025 | 7 replies
Account ClosedAdding your property manager as "additional insured" is standard practice and beneficial for you.
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
I wonder why he cancelled his account?
Nick M.
Michigan Sales/lodging tax collection and payment
16 January 2025 | 7 replies
I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
Make sure your accountant specializes in real estate taxation.
Nicole Graziano
Tax's: negative income made on flips
3 January 2025 | 4 replies
@Nicole GrazianoI recommend that you have a consultation with a real estate tax accountant regarding your taxes.Bigger Pockets is a great place to find a real estate tax accountant.
Account Closed
Thoughts on using cash or HELOC for down payment on investment property
7 January 2025 | 1 reply
Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using cash that is currently sitting in a high yield savings account to funds from a HELOC on one of my properties.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Bought a triplex in 2011 with all cash in my retirement account.
Anthony Freeman
Property Management software
17 January 2025 | 6 replies
These are features like online renter payments, tenant portal (for payments and work orders), help keeping track of work orders, tax reporting features, and accounting functionality.
Brad Kanouse
IRA funds as down payment
16 January 2025 | 17 replies
There is an amount that you can distribute from an IRA account to purchase a personal residence.You then might be able to turn the personal residence into an investment property.Best of luck.