Peter D.
Rental Property with Adjacent Vacant Scenario
7 February 2024 | 2 replies
So the above, is directly in response to your question/strategy BUT, I would certainly consider NOT SELLING THE LOT NEXT DOOR... especially since you said you're seeking 'additional cash-flow' -- if you sell, it won't be recurring cash-flow instead it will be a one-time infusion of cash into your bank account and then its done AND you won't have much control on what happens next door aside from what restrictions you have placed in the deed... why not instead of selling consider... offering it as a 'ground lease' whereas, the person seeking the lot is allowed to build on the lot but then will pay you rent for the use of the land... this would be similar to some commercial agreements or even mobile homes where the tenant owns the structure but you own the land on which it sits on.. it's also quite similar to how McDonalds and some other franchise businesses operate it's how they are able to ensure that the properties being built are built and operated in accordance with their vision, if a tenant does not build it or operate it 'correctly' then the Landlord will have leverage in ensuring that it is rectfied... because after all you do still own the land and may terminate lease if the terms are violated.
Leonard Rybak
Recent issues with mortgage broker
6 February 2024 | 42 replies
@Leonard Rybak, it is a bit bizarre to hear that your broker is busy.
Jen Breysler
Property Management Company vs Self-managing property in CA
6 February 2024 | 3 replies
No one cares about your business to the same extent you do.
William Roberts
Loving Bigpockets from Florida Panhandle ( Fort Walton Beach Destin Pensacola) !
6 February 2024 | 16 replies
I owned a small chain of successful automotive collision businesses ($4+ Million annually) and sold to a much larger chain in 2022.
Jacob Allen
Accountant Recommendation for the Upstate - Greenville, SC
7 February 2024 | 13 replies
As such, payments that you make need to be prorated between business deductions and personal deductions.
Bubba McCants
NEW to BIGGER POCKETS, PCB, Florida!
6 February 2024 | 10 replies
For my business partner Don, his boys are in college and high school, different seasons.
Jay Hinrichs
Belize anyone have experince investing in this country?
7 February 2024 | 9 replies
All agents said business was significantly down.
Cody C.
Question on umbrella insurance
6 February 2024 | 1 reply
The things that will probably be important:1. does each LLC have the same ownership2. do all the LLC's have the same type of business (ie. each LLC is for the ownership of separate but similar businesses)3.
Emil Pinlac
Please Advise: ADU Cost Components Breakdown?
8 February 2024 | 30 replies
Isn't the whole point of this community to self start and handle business?
Brandon Isidro
I want to start investing but don't know how!!
7 February 2024 | 12 replies
Also practically, building a sustainable active income through the sales business will get very far.