Allie Robertson
Looking to connect with investors in Rome GA
30 September 2024 | 8 replies
Feel free to reach out to me anytime if you are wanting more info on the area, or if you're interested in investment properties here 👍
Elizabeth Rose
Where to buy fully furnished properties for STR and MTR?
1 October 2024 | 12 replies
I'd also appreciate any recommendations on where I may be able to find furnished properties, existing Airbnbs, etc. for sale.
Sanjeev Advani
Marvel Legend Stan Lee’s LA Home on Market for $8.8 Million
30 October 2024 | 0 replies
Alongside this 5,000-square-foot Bird Streets home, buyers have the option to acquire three life-size Spider-Man figures signed by Lee.
Nikki Yankowski
Where to meet investor groups locally?
5 October 2024 | 4 replies
First I want to say I've never gone to one, but there is a local meetup called Madison County REIA.
Marcus Welson
Typical 1031 Exchange Provider terms, Or not?
7 October 2024 | 4 replies
It is truly not that difficult but some providers make it look more difficult than it actually is.
Mark Bady
Top shelf New Owner/Landlord
3 October 2024 | 1 reply
Looking for ideas, New to the realestate
Carrin Johnson
Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.
Xiang J.
Do you estimate ARV and check with cash out lender first?
2 October 2024 | 6 replies
Or do you also do this to HML at the very beginning?
Sean Kelley
New to BiggerPockets forums
4 October 2024 | 9 replies
Hello All, I am new to the forums but have listened to the Podcasts for years.
Rania Mutumhe
Investor share allocation
29 October 2024 | 2 replies
As I have been listening to a lot of real estate YouTube videos I realized that my moving into the unit is a major contribution to this deal and instead of us paying 20% we got 5% yet we are contributing the same amount of money.