Hey guys! My husband and I took out a loan from is annuity. The interest rate/payment is high. We know there will be a tax penalty if we decide to default on the loan and claim it as income. We are also in the process...
We are looking for your feedback as we head into 2024!At BiggerPockets, we are always looking for ways to solve our community of investors' problems. In the current economic climate, it is no secret that is has not be...
Hello everyone,I am planning to remodel one unit in my Carmichael duplex. It's 1000 sq. feet, 2b/1ba. Everything original from 1978. Ideally, I'd love to understand a cost per sq. foot of repairs, not sure if it's pos...
I asked my attorney for some Lien waivers, and I got more than I understand. I was hoping to pull from the vast knowledge of BP to help explain.I received the following:Notice of CommencementNotice of furnishingSworn...
Hello I am looking for someone to assist me with my property in highland hills, OH. The property is about 25 min from downtown Cleveland by car and consists of three buildings on one lot with 30 units. I've owned the...
I have decided to start REI utilizing the Brrrr method. That being said, I have also decided to start by investing out of state because I cant find any Brrrr properties that would produce any COC return (obviously due...
Hi BPers,I'm a recent investor in Houston. I've put three properties under contract in the last 6 months, and I'm currently looking for investors who have successfully done flip projects. I would like to discuss best ...
HiMy company funds a construction. It owns the house with no mortgage on it. A project manager will find general contractor, get permits and handle the all aspects of the project. Do I have to get insurance for my com...
I have completed 5 flips / builds over the past 11 years. I did a rather large project for the last build and took a 1700 sqft foot print and turned it into 4400 sqft foot print and basically built a new home in the ...
Hello I'm very new to this app And New to blogging altogether but I have a few questions and I am in the learning process for a project of this size I am not quite sure where to start with financing but I have an opp...