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18 October 2024 | 3 replies
There are over 20 active CPAs here in Biggerpockets assisting RE investors with their tax planning.
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15 October 2024 | 8 replies
What if you could add $200 / month in NOI (a 30-100 bps boost in cap rate depending on the asset value) without raising base rent?
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19 October 2024 | 7 replies
But assist as much as possible with their renters insurance to get them to cover this.
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18 October 2024 | 23 replies
Typically Section 8 assistance will track along the market rent for low income communities in the area (slightly higher or lower depending on the location).
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18 October 2024 | 3 replies
If you ever need help, I’d love to assist you in gaining more knowledge in real estate investing and blending your construction and remodeling experience for success in this new chapter.
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19 October 2024 | 0 replies
Removing Hassle: Take care of moving costs, dealing with tenants, or assisting with legal paperwork to make the process smoother for the seller.11.
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18 October 2024 | 7 replies
You seem very green, I would highly suggest finding a property management company to do this for your while you learn the ropes and how things work.However, you can also get a copy of "The Book on Managing Rental Properties" by Brandon Turner, and get some really good information.The main one's to consider are:Background check - totally clear, or will you allow certain thingsEviction history - totally clear, or will you allow if no evictions for last xx yearsIncome Requirement - usually 3x the cost of rentCredit History - totally clear, or will you allow certain thingsPets - yes or no, size, type, number of pets allowed, extra pet deposit/feeAgain, I highly suggest a property manager to assist you with this.
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23 October 2024 | 28 replies
And if your LT tenant needs to assist with things now and then, be sure to show appreciation and compensation of some sort (I've offered free wifi, though my tenant prefers their own internet/cable).3) I haven't had any issues, but maybe avoiding carpet and low rates with single night rentals that ends up attracting homeless guests.
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19 October 2024 | 14 replies
We're here to assist you through this challenging situation.
18 October 2024 | 34 replies
But I think once you are buying 3rd you should be lower leverage or have done value adds to boost the rents so have safer margin/ratio.