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Hi Bigger Pockets!I have a Airbnb property with a residential "investment property" loan with Pennymac. I understand that Pennymac doesnt allow you to switch the deed to the LLC and I am wondering if I can operate my ...
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I am in the process of purchasing a motel, and i have a lot stacked against me in terms of coming up with 20-25% (I only have 15% liquid as of today) , rising interest rates, and cash reserves that may be needed in a ...
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My partners and I just closed 108 units in GA a few weeks ago.I'm looking to see if there is an opportunity to re-purpose a section of our property which is in a flood zone. The area is already fenced off so it does ...
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Hey everybody. So I'm a recent graduate living in LA- I've been here for about a year. I'd like to rent a 3 bedroom, 2 bath apartment with in unit washer and dryer. I'd live in the master (with ensuite bathroom), and ...
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My wife and I have finally gotten within striking distance on our first rental property.The home is bank owned needs a new roof,some plumbing work and a new kitchen.Otherwise the house is in great condition.Our goal i...
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I'm looking in to buying an extended stay hotel. From the previous owners tax returns, they seem to turn a decent profit. However the more I think about it, the I'm not sure how to manage the property if I acquire it....
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I have an AirBnB in Okaloosa County, FL. AirBnB automatically remits taxes when a guest books. Their disclaimer states they pay all city, county, and state taxes on our behalf. However, Okaloosa County’s Clerk of Cour...
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AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
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Curious what property managers on here are using for bookkeeping software.Currently I have a client that uses QBO her property management business. She's not a big fan.Needs to be able to generate monthly statements ...
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We are looking at our next home and plan to hold on to our current home, while turning it into a STR. My question is in regard to lending. Most lenders will not look at "potential" STR income on our home, as we are no...