
29 May 2024 | 14 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

29 May 2024 | 15 replies
What’s the lowest hard money Lenders lend with SFR/Duplex properties in Akron?

30 May 2024 | 2 replies
@Benton PruittThe original lender should provide a short sale approval letter noting as long as they get x at closing…The second lien holder will be more problematic.

29 May 2024 | 4 replies
I want to form an LLC for it to protect myself, and have been reading about how California residents have very specific laws compared to other states.

31 May 2024 | 42 replies
. $10k in losses will reduce the federal tax due by $1.5-2k.However, the state tax due gets lowered by a very small amount by using passive losses to offset passive income as I assume state tax rate is quite low (I live in TX, so never worried about state tax) compared to long-term capital gains rate of 15-20%.

30 May 2024 | 31 replies
Don’t forget, we are hard money lenders, so we are used to financing borrowers who aren’t necessarily strong.

27 May 2024 | 8 replies
Has anyone recently used a lender that lends based on the rental income of a property?

28 May 2024 | 5 replies
Those algorithms compare homes based on general location, size, # of beds/baths, age, etc.