David Lancaster
Introduction and First Rental Property
15 December 2021 | 8 replies
You will want to have cash reserves or access to cash in the event you have a large unexpected expense come up, such as a roof replacement, HVAC, etc.
Tracy Williamson
Suggestion on when to put your homes on an LLC verse your name
10 December 2021 | 21 replies
There are personal tax considerations, the structure of the investment (sole ownership or ownership with a partner), personal comfortability with risk, the loan products you have access to, personal income, personal debt to income ratios, property income, state of ownership (different states have different rules on transfer tax), and even the future strategy you are planning on taking with your investments etc.
Eric Eckman
HELOC on Florida Condo?
7 December 2021 | 1 reply
Anyone know of somewhere I can get a HELOC or some other way to get access to equity on a condo in Florida?
Matthew Kirkwold
Telling Tenants You're the Property Manager
12 December 2021 | 50 replies
I feel like it would be a bad situation if the tenant actually looks up the listed owner of the property, then confronts you and you are caught in a lie.Secondly, considering that the owner and owner address are both public info and easily accessible on the city GIS site, is there any way to keep your personal address private?
Shannon Vistisen
Purchasing a STR in Michigan
11 December 2021 | 17 replies
If we qualify for a 2nd mortgage without counting the rental opportunity we would be able to access that smaller down payment option.
Felipe Soto
Self Into with a question
20 October 2021 | 10 replies
There are a few self-contained guides that you can access here: https://www.biggerpockets.com/guidesI really like the alerts feature that can quickly guide you to current topics that might interest you: http://www.biggerpockets.com/alerts
Julio Gonzalez
Example of Cost Seg Study on Self Storage Facility
12 October 2021 | 0 replies
These items can be depreciated over 5 or 7 years: Fixtures, furniture, controlled access gates, alarm systems, computerized systems, security systems, movable partitions, etc.This accelerated depreciation strategy allows the property investors to immediately reduce their tax liability and in turn, increase their bottom line by offsetting income.
Jason Lin
Researching out of state
14 October 2021 | 3 replies
I believe you need a BP Pro membership to access it, but you might be able to get a trial period or something like that to check it out.
Samuel Nuckles
Initial Start-Up Process
15 October 2021 | 7 replies
Do you have access to the VA loan?
Bryan Sturman
Real estate investment contracts
27 October 2021 | 3 replies
You can access the standard Texas forms at: TREC.Texas.gov.