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27 January 2025 | 1 reply
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.
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20 January 2025 | 1 reply
The behavior is a bit off, but not surprising for a mom & pop landlord.We tell our residents exactly what we need from them for the application.
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23 January 2025 | 23 replies
You will be asked to disclose this during the application process, and not doing so is concealing a debt and would be fraud.
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23 January 2025 | 0 replies
Choose the Right LocationProximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.Safety and Security: Research neighborhood crime rates and local security measures.Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.3.
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27 January 2025 | 5 replies
Did you give her written permission to store personal items outside in a common area?
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24 January 2025 | 3 replies
Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.
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6 February 2025 | 3 replies
Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
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22 January 2025 | 12 replies
We accept all applications and in the case of section 8 the only real time we don’t is if the numbers don’t make sense with market rent vs HUD standard.
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27 January 2025 | 1 reply
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.
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26 January 2025 | 2 replies
Are you looking at the maintenance/repair costs of the homes once in place, W/S/G costs. septic expense if applicable?