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Results (10,000+)
Eric Carlstrom First-Time STR Buyer --- Feedback / Guidance Requested
26 November 2024 | 21 replies
As I'm sure most of you know, a long-term rental is simple since the only recurring expense I own is the mortgage, whereas with a STR I'll own the mortgage, internet, utilities, furnishings, cleaning fees, etc. which just makes my projections a bit foggier.I'm looking for feedback on the below expenses and wondering what else I should be thinking about, that I don't currently have listed.
James Landsford French Drain Install - Labor and Materials - am I getting ripped off
25 November 2024 | 9 replies
I most definitely 2nd getting the utilities mapped first before digging.  
Ximei Yue Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
I can't think of a more extensive network of investors to lean on for advice than BiggerPockets.
Jose Laffitte Fix and Flip funding
26 November 2024 | 14 replies
There are strategies that you can utilize here that can make it easier as well. 
Tim Callahan In Maine, can I use a tenant's security deposit to cover legal fees for an eviction?
26 November 2024 | 4 replies
I start with cleaning and repairs, then I apply it towards utilities, legal fees, late fees, and rent, usually in that order.I also have a holdover clause that says the tenant is charged 4x of the monthly rent, prorated daily if they hold onto the property after lease termination.
Matthew Hull “Cash” Offer Vs Hard Money - Same?
23 November 2024 | 3 replies
Or, I’d have to get an extension of the closing date, which kinda defeats the purpose/competitive edge of a cash offer.
Ashley Mierez Building Relationships in the San Diego area
22 November 2024 | 7 replies
Negative cash flow is difficult especially on more extensive tenant turn overs or when dealing with a PIA tenant.  
Nina Ning An applicant with credit score of 770 but no proof of past rent payments
27 November 2024 | 8 replies
Did they have bank statements showing utility payments for the rentals?
Nadir M. Which PM software is most recommended?
23 November 2024 | 9 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
George Fleming How to handle shared Washer/Dryer yet utilities assigned to different units
18 November 2024 | 8 replies
Instead, can you just cover the utilities or go to the laundromat.