Michael Alexander
Exploring Lending Options for Short-Term Rental Owners Based on Booking Revenue
Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...
Trent Roberts
Starting an LLC for rental properties
We are planning to invest in our first rental property in a couple months and I would like some advice about LLCs. Do we need an LLC for rental properties? Do we buy properties through an LLC? Do we open an LLC after ...
Mike Hsiao
Steps to take as Lease is expiring?
As a newer landlord here in San Diego, I'd like to get inputs on everyone's procedural steps they take, as a tenant's lease is set to expire. One of my tenants 1-year lease is set to expire on March 31s, 2024. It's...
Christina J Allen
ARV for a Multifamily Deal
Hello Bigger Pockets! I am a newbie with an interest in Multifamily properties. I am currently learning to use the BP calculators to evaluate whether or not a property is a good deal! I am having trouble with estimati...
Lauryn Meadows
28 UNIT VALUE-ADD OH ARV
I found a bank owned 28 Unit in OH. The bank wants to start at $350,000 (which sounds low enough to get me excited). I'm sure this will need significant repairs as it's completely vacant. I'm going to look at the prop...
John Moran
Self Directed IRA Tax/Accountant Expert
Does anyone have any experience with self-directed IRA and the process to move money and properties out of them?
Michael S.
Applicant Converting Chapter 13 to Chapter 7 Bankruptcy
I have an individual interested in applying for a vacant townhome I own, but is asking whether or not a bankruptcy filing will be an automatic 'no' for the application. I haven't dealt with bankruptcies and am only ma...
Zac Smith
Expense Valuation on 55+ unit
Hey everyone, I'm evaluating an apartment complex in Central Texas. After going through the proforma I made, my NOI seems way low. I can't base the expenses on real numbers, due to not having anything that's current (...
Edgar Garnys
How to figure out Marginal Tax Rate to calculate Tax Savings?
Does anyone know how to calculate the marginal tax rate? I want to take (depreciation + interest paid) × marginal tax rate to calculate yearly tax savings. The template I'm using has 51% currently plugged in but I fee...
O'Neil Mbakwe
TAX PROTEST ON NEWLY BOUGHT HOME
Hello,I recently bought my first investment property in Austin,TX. I bought the home for more than it appraised for in the CAD due to neighborhood comps. I recently received a notice to protest the appraised value of ...