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27 November 2024 | 1 reply
@Josh LemonsThey have a regulation A offering which is open to accredited and non accredited investorsThe great thing is they have to submit their offering circular and have it qualified by SEC as well as submit financial information etc.All this means is the information is readily available and if you do not understand it then I recommend engaging an attorney who can interpret it.
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2 December 2024 | 13 replies
You have to have qualified technicians on staff, good luck finding someone for under $70,000 plus benefits these days.
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2 December 2024 | 35 replies
Quote from @John Fanous: Quote from @Austin Wolff: Hi Mike, I'm the Market Intelligence Analyst here at BiggerPockets, and as someone who just moved across the country for my own house-hack, I feel qualified to answer this.
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26 November 2024 | 13 replies
So if you do a cost seg once completed on that business portion- it may not qualify for bonus.
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26 November 2024 | 3 replies
Document the time you spent on the property compared to others, especially if you’re trying to qualify under the “100 hours and more than anyone else” test.
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4 December 2024 | 33 replies
After literally years of looking (since 2022) I bought my first property a few months ago, so I feel extremely qualified to give advice (many people earned lots of equity during the pandemic appreciation-boom if they bought before 2022, but out-of-state investors getting started AFTER the 2022 interest rate hikes are few and far between).
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26 November 2024 | 1 reply
This is something a qualified contractor can easily resolve.
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27 November 2024 | 10 replies
Since I don't have a W2 anymore, I can't qualify for any sort of equity loan on my current home so I don't see my home's equity as a means to do anything unless I sell.
26 November 2024 | 7 replies
Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit.
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30 December 2024 | 819 replies
Banks will provide traditional financing for properties over 50k, assuming the borrower can qualify.