19 February 2025 | 6 replies
.: The hate for wholesalers on BiggerPockets is insane when there are still genuine, good wholesalers out there who aren’t selling a dream.There are good wholesalers out there, but unfortunately, there are also a lot who have no idea what they're doing and some that are just scammers.
20 February 2025 | 8 replies
Always consult with a qualified tax professional before making any tax-related decisions.Depreciation losses will have no effect on your financing options.
19 February 2025 | 18 replies
Quote from @Aj Green: Hey,(Posting again as I sign today so it is urgent)Is there any cheaper lender than a 6.75% for an Ohio investment property.No brokers fees, 110k, no points, 760+ credit score, 20% down, 140k value, no realtors, single family, rent covers mortgage, 30 year term fixed.Thanks for the help!
19 February 2025 | 6 replies
We plan on starting renovations on the unit in X (I would say a date but in reality have a 2-3 month buffer), and based on this we are no longer going to be renting the unit out.
19 February 2025 | 4 replies
We have lived in our other two deals, made money on both, but I have no idea how to do another deal safely without living in it.
20 February 2025 | 11 replies
-"pretty much turnkey" - no such thing. they either are or they aren't.
16 February 2025 | 61 replies
Vacation rental owners should be on all four listing sites.
18 February 2025 | 12 replies
@Hunter Duplantis what @Gino Barbaro said is exactly what I was going to suggest.When you have vacancy is the time to experiment and apply your original thesis.I’m not trying to play Monday quarterback here but, you should be highly confident in where the rents should be well in advance of having a vacancy.That being said, after confirming competition rents on websites (I’d also recommend Craigslist and Facebook marketplace), you should be in alignment there.
16 February 2025 | 44 replies
No recourse to my credit or business credit since I'm not listed on the original mortgage.
19 February 2025 | 2 replies
I'm in agreement but I'm not entirely sure where I'm going to need to create the LLC since the property is no in our state of residence.Do I create the LLC in WI (the state the property is in) and pay for a registered agent in that state?