Matyas Sustik
Sweat equity taxation
I hoped some experinced members could point me to the right resources on the following situation.Assume you syndicate a deal and as part compensation for putting the deal deal together, for finding the right property ...
Robert Freeborn
Am I required to get a GC license as a rehabber?
I just finished my first flip and am in the process of selling it. I'm already looking ahead to my next flip.For the first one I was working full-time at a bank, and didn't have the time to organize it 100% by myself...
Denise Frazier
Exit strategy for 2nd property
I bought my second rental, one county over in Knoxville TN. It was for $65K. I was going to BRRR it. It needed all the main systems replaced Electric Plumbing and HVAC. I had the inspection done, and the house was sou...
Andrea Cole
Tiny House Village - Short-term Rental Model
Hello all,
I am considering a rural, commercial tiny house development to be used exclusively for short-term rentals. I am mostly aware of the work that needs to be undertaken for any given area in terms of zoning, d...
John Wargo
Q’s on 203k Programs
Is there a set amount of time for the work to be completed, or is every lender/program different? Can any contractor (licensed & insured; vetted by HUD consultant) be used? Thanks!
Merritt Harris
Cohosting and Property Management Payout structure
I realized that my property management contract states that I'm paid 20% of gross revenue, but in fact, I pay the cleaners their fee first (I mark it up a little on my OTA to factor for platform fees) and then I take ...
Joseph Berdugo
Legal non conforming zoning help
Hi everybody,
My name is Joe and I'm new to biggerpockets and I just love the info that's available on this website. So that said, I'm buying my first house in Jersey City which is a 2 family house and I just got th...
Eric Hempler
Looking for some ideas on getting started as an investor
I'll try to be as detailed as I can to see what recommendations you might have for how I could get my first deal. I'm most interested in apartment buildings and retail spaces with strong tenants. BackgroundI've flippe...
Paul Shepherd
Refinancing a house after renovation but no permits.
Hi All! Looking to tap into the wisdom and guidance of this tremendous community. My wife and I have a small rental house that we are moving into and have already sold our house we were living in. We decided to do som...
Dana Yobst
Deductibles for Buy and Hold properties?
I'm a new investor and buying a handful of buildings in a LLC. I have read that you shouldn't make any claims on insurance unless its catastrophic to keep costs down. If that is true, it seems better to go with a 5k...