23 August 2024 | 8 replies
I love analyzing deals and design.I plan on analyzing deals in the different markets of active listings, to share how you can make a house hack work or how to get your first deal that will cash flow positive in year 1.
20 August 2024 | 4 replies
Conversely, are there any areas I should avoid due to high crime rates, low rental demand, or other issues?
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22 August 2024 | 9 replies
I doubt it would hold up legally.The cameras on the front of my house cover my driveway and you can see the front of several of my neighbors houses and front doors and driveways in the background.
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20 August 2024 | 4 replies
There are 3 safe harbors available to you-De Minimis Safe Harbor ElectionSafe Harbor Election for Small Taxpayers (sounds a bit condescending)Safe Harbor for Routine MaintenanceCheck these out...Frankly given the amount, and what you are doing (low materiality to the plumbing system unit of property), I would expense it.
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22 August 2024 | 1 reply
So, if you form in Delaware, for example, and want to flip houses in New York, you will still need to register to do business in New York.
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20 August 2024 | 7 replies
With passionate co-founders, a vibrant community, and hands-on experience navigating the highs and lows of investing, they have built an incredible foundation and embody everything we envision for PassivePockets.By combining LFI’s expertise with BiggerPockets’ reach and resources, we’re creating something truly special—a platform that will empower you to make smarter, more informed investment decisions.Here’s what PassivePockets will offer when it launches:Educational Resources: Masterclasses, articles, podcasts, and a weekly newsletter—all designed to help LPs make better decisions.Due Diligence Tools: Rigorous vetting frameworks and community-sourced sponsor ratings and reviews.Investor-Only Spaces: Private forums and weekly Zooms, exclusive to investors—no sponsors or capital raisers allowed.Sponsor Directories: Detailed profiles with track records, investor reviews, strategies, and more.Deal Directories: Comprehensive deal profiles, webinars, and direct sponsor connections in dedicated forums.Ratings & Reviews: Honest feedback from members who have invested with sponsors—the good, the bad, and everything in between.Our mission is clear: Shine a light on the passive investing space and provide you with the tools and knowledge to navigate it more confidently.
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23 August 2024 | 3 replies
BRRRR is a grind and you can't do it using Zillow and email.here's what you will have to do to be successful:-you will have to find the sweet spot BRRRR deal - a house that is distressed enough for the seller to sell below market, but not so distressed that the rehab is impossible. these deals aren't on the MLS, and they are tough to find. how will you find one?
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18 August 2024 | 6 replies
The house we are in now is about $200k.
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22 August 2024 | 31 replies
@Sahegin Charoliathe one's i've listed are going up for foreclosure.i just use it as a list for potential houses to pick up at the tax auction.