Does anyone have any experience reclassifying a legal vacation rental from residential to resort for property tax purposes?The unit I purchases for a vacation rental is classified as a residential property with a 0.45...
I know we have lots of LLC questions in the forum but will ask the question again. Looking to buy a fourplex. Do I need an LLC at this point or if I have more properties? Does it matter if you form the LLC before or a...
Hi there,
This question is for RE agents out there. If a rental client can't see the apartment either due to being out of town or busy schedule, can an agent view the property on their behalf and have client sign the...
Hi BP community,
My name is Raj. I am from Southern California and I am new to the BP community but oh so excited to join this wonderful group. I am passionate about Real estate, like many of you of course, and I am...
My insurance agent said in the 15 years he's been selling insurance he's never had a claim come close to 1 million. In fact he said the biggest claim he's paid out was a bit over 100k. He was telling me this as I was ...
Hi,I am a brand new to the BiggerPockets community and trying to learn about REI so that I can begin investing on my own.I am trying to understand how LTV works and why it is that low LTV is typically worse for the in...
It is always good to set goals for you self to hold you accountable and a way to measure what you are doing. A refresher of a Gay keller reminded me about a simple basic framework to measure where you are at with hol...
Hello, I was approached by a local investor and he offered me to partner on project with him for 1.5% return monthly by lending him money (5k). I think it is very small but needs to boost my real estate career, I want...
Multifamily complex needs roofs and some HVAC units. What's your opinion? Make higher offer and then ask for $$ after inspections or make lower offer estimating the repair costs before inspections?
I have been told that Aegis funding in conjuction with Fixaflip funding offer a program that provides 100% transactional funding on A to B, B to C deals up to 90 days on a voint venture basis and nonrecourse loan. As...