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22 November 2024 | 7 replies
For example, hotels or short-term rental properties like Airbnb often generate more income than traditional apartments, especially if the location supports it.Entitlements and Approvals: Check whether your project fits within the land’s current zoning (by-right uses) or if it will require variances or rezoning.
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5 December 2024 | 34 replies
I've had success simply informing the tenant that I plan to involve a collections agency as a next step if they don't pay what they owe.
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29 November 2024 | 9 replies
Rolling an SDIRA back into a traditional IRA is possible but may involve liquidation costs and administrative complexities.
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3 December 2024 | 9 replies
Affordable housing, which means Fed funds, is a very tricky type of development for everyone involved.
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27 November 2024 | 6 replies
@Dean GulloTo build connections in Southington and surrounding areas, join local real estate meetups, connect through BiggerPockets forums, get involved with local landlord associations, reach out to real estate professionals, attend town or community events, and expand your team.
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5 December 2024 | 87 replies
With over an estimated $300 billion of extremely delinquent debt yet to be liquidated to the secondary market, there is a a lot of opportunity to reposition these loans, keep folks in their homes and make a very nice profit for all involved.
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26 November 2024 | 2 replies
Best to involve attorneys/lawyers as well, but it depends on the type of financing you get.
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3 December 2024 | 15 replies
If it's a layered LLC, most lenders will need to trace a warm body on the operating agreement which will involve a bit more paperwork trail.
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27 November 2024 | 4 replies
Also, multi-unit sales involve more legal and financial nuances than single family homes so it will be in your best interests to work with an agent.
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27 November 2024 | 2 replies
@Jaskanwal Preet Singh ChhabraRefinancing a converted property for coliving involves appraisal, loan types, interest rate reduction, and careful planning.