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2 October 2024 | 5 replies
Since it’s essentially a change in the holding entity, not a sale, a quitclaim should be sufficient.
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1 October 2024 | 9 replies
The responses from some Real Estate “professionals” in this thread explains why real estate agents and representatives wear the badge of honor of being nosey, careless, borderline illegal and non-compliant with the most basic regulations and elemental ethics.
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1 October 2024 | 1 reply
While substantial financial benefits are available, it's essential to meet IRS criteria, keep meticulous records understand depreciation, and stay informed about local regulations.When considering a Cost Segregation study, here are a few things to consider:https://www.biggerpockets.com/forums/51/topics/1206189-cost-...
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3 October 2024 | 11 replies
Using equity can be a powerful tool for building wealth, but it’s essential to ensure that you’re comfortable with the level of debt you’re taking on.Consult a Professional: It might be helpful to speak with a financial advisor or mortgage broker who can help you weigh your options and determine the best course of action for your specific situation.Best of luck with your move and the rental property!
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2 October 2024 | 6 replies
Hi Xiang - Having a reliable lender by your side from start to finish is essential for a smooth process, minimizing surprises—whether it’s ARV or something else down the road.
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2 October 2024 | 13 replies
Education, financial stability, strategy definition, team building, and thorough property search are essential.
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3 October 2024 | 11 replies
But if a tenant doesnt' want to pay me rent and they are essentially stealing rent from me, I have to go through hoops and then even when I get to court and a judge agrees they've been stealing rent, the judge gives them another two weeks to stay there (i.e. steal even more rent).
2 October 2024 | 10 replies
FEMA rental Assistance covers the cost of monthly rent and essential utilities, gas, electric, water, trash, and sewer.
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2 October 2024 | 4 replies
Essentially, there must be a paid parking footprint in the area already.The ideal asset would cashflow from day one with the ability to add value via technology, operations improvements, and/or NN lease addition (or renegotiation).
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1 October 2024 | 4 replies
You would have to have the owner of the property file a motion for a hearing with the creditor and bankruptcy trustee, to get permission to sell the property, essentially removing it from the umbrella of the bankruptcy.