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22 May 2024 | 5 replies
@Kyle BrownRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder, etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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21 May 2024 | 13 replies
You said you are ready to move on with another one, so are you keeping the current as a rental property?
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22 May 2024 | 6 replies
Now, if you are setting up a vacation home in Palm Springs or similar, I would assume the decor is going to need to stay quite current with popular trends, so buying antiques off of Facebook probably isn't going to work.
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22 May 2024 | 6 replies
Definitely want to speak to a tax professional and an attorney on this one as I believe you are correct in that you would be buying the current depreciation schedule so your basis will be much lower from the outset.
21 May 2024 | 3 replies
Hi, we are currently listing our new STR property on VRBO and AirBNB.
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21 May 2024 | 5 replies
I cannot show my current project in this forum... but please I am Open to Advice
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22 May 2024 | 13 replies
You may also want to present a detailed breakdown of the property's current condition and any factors that might affect its value negatively.Explore Tax Relief Programs: While you mentioned that you don't qualify for tax breaks as the property is not your primary residence and you're under 65, it's worth investigating if there are any other tax relief programs or exemptions available in your area.
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21 May 2024 | 14 replies
We form the LLC with me and my wife as members, then transfer the properties (they do have mortgages, so maybe lenders will have less of an issue if the LLC has members that are same as the current owners), then assign the LLC to the trust2.
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21 May 2024 | 2 replies
Hi,Currently Looking NYC(Bronx) or In tampa FL, I wanted to ask if anyone know of anyone who's willing to do lease to own or owner finance deal?
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22 May 2024 | 9 replies
I filed a claim and my insurance company is estimating the damage currently.