19 November 2025 | 0 replies
I'm not just talking about underwriters here, but every single role on our team.I believe that underwriting requires a certain skill set and mindset, often attracting individuals with an analytical and detail-oriented nature.
19 November 2025 | 7 replies
They are a large company that has buying power and a network of contractors realtors and others to do the work. the owner, Zach also here on BiggerPockets and has a stellar reputation for customer serviceFor cons - people will view some companies in a negative light because of this, but the reality is the individual who is thinking negatively is typically inexperienced and doesn't understand the businessbut....this is a reality as someone who has been in this space for almost 30 years.Contractors realtors, and others one day could be an A player and do great work.
20 November 2025 | 6 replies
Once they transferred the home into an LLC taxed as an S-corp or partnership they broke 121 rules.Section 121 only applies when the individuals own and sell the home.
20 November 2025 | 3 replies
Setting up a new LLC for each flipping project is a common approach to limit liability, but as you mentioned, it can get tricky with all the bank accounts and bookkeeping.One option to simplify things is to set up a holding company (LLC or C-Corp) to own the individual LLCs for each project.
26 November 2025 | 3 replies
Renting rooms individually to six unrelated people would likely trigger the licensing requirement.
26 November 2025 | 0 replies
Whether you are a seasoned professional, just starting out in the industry, or simply curious about commercial real estate, this meetup is the perfect place to connect with like-minded individuals and build valuable connections.
26 November 2025 | 0 replies
Whether you are a seasoned professional, just starting out in the industry, or simply curious about commercial real estate, this meetup is the perfect place to connect with like-minded individuals and build valuable connections.
28 November 2025 | 7 replies
That hurts and is hard for an individual small single family owner to compete with.Most of the new apartment construction is ending now and as soon as those get leased up, I expect we'll be in better shape for rent increases maybe into the spring and summer.I'm suggesting to all my rental owners to do everything they can to keep the current tenants happy.
21 November 2025 | 7 replies
Quote from @Lars Hartvig Kristiansen: I have recently bought my first two properties in MI and have been fortunate enough to have found a team that, while largely separate individuals they all know each other and work together.
28 November 2025 | 5 replies
For apartments, you have to see what the competition is doing, newer complexes and luxury places have washer/dryer in the individual unit.