
29 August 2024 | 4 replies
@Nate PucelThis will get answered based on the contract you have with the roofer and possibly your insuranceTypically a contractor is not responsible for consequential damages - meaning if they break something they are responsible for that item, not for any lost revenues etc.Now your insurance may have rental loss on it and they could go after the insurance of contractor but that also depends on your type of insuranceSo the answer is : it depends on what the agreements are
30 August 2024 | 13 replies
There are not any unsafe items that MUST be repaired.

29 August 2024 | 3 replies
One additional item is that I am planning to move out of my current residence no matter what, so will need to rent/buy for that.

29 August 2024 | 7 replies
It’s easy to go over budget or not realize all the items you need to account for until you start ripping into things and suddenly your ‘profitable’ flip is upside down.

27 August 2024 | 11 replies
We plan to create a diverse portfolio that includes:Long-term rental propertiesShort-term rentals (e.g., Airbnb)Potentially acquiring and operating small businessesQuestions and Areas for Advice:Business Structure: We’re debating between forming an S-Corp or an LLC.

29 August 2024 | 13 replies
If your income isn't in a certain range or if you're not a real estate professional (amongst other items) the cost segregation might not be beneficial.

28 August 2024 | 32 replies
The city's diverse population and economic stability, thanks to major industries like logistics and healthcare, also play a big role.Memphis offers attractive rental yields and a vibrant cultural scene, making it a great place for both renters and investors.

28 August 2024 | 10 replies
However, you can expect to recover about 50-55% of your investment when selling the home.Another good option would be to consider converting attic space, finishing a basement, or repurposing a large living area to add a bedroom without expanding the home's footprint.Some other tips to help you save on materials while still creating an appealing finished product: buy in bulk, shop at discount stores and outlets, look for overstock, discontinued items, or slightly imperfect materials, attend auctions and Estate sales, incorporate reclaimed wood, vintage fixtures, or other salvaged items for a unique look at a lower cost, build relationships with suppliers...If you have any more questions or are looking for funding please feel free to reach out to us, we're a private lender.Regards,Jackson

25 August 2024 | 4 replies
Howdy! Noah here, new to Bigger Pockets.
I just went under contract on a 35 unit apartment complex built in 1980 and I have to do some remodeling... YAY... Time to raise rents.
I need all new appliances (Fridge,...