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15 October 2024 | 5 replies
With a remarkable three-year revenue growth of 2,326%, it’s no surprise they’ve made such an impressive mark.RentRedi has been on fire this past year, hitting milestone after milestone—from expanding their platform with new features like RentRedi Credit Boost to forming a groundbreaking partnership with the National Association of RealtorsⓇ.As part of our BiggerPockets community, we love seeing our partners succeed, especially when their growth reflects their commitment to helping landlords and renters thrive.
18 October 2024 | 34 replies
It also seemed like I was working for the banks, as that was my biggest expense every month.
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16 October 2024 | 10 replies
Depreciation is typically allocated according to the ownership percentages outlined in the partnership or syndication agreement, which are set in advance and follow certain rules under the tax code.However, some syndication structures can be designed with different classes of partners or special allocations, but these arrangements are subject to complex tax rules, such as the "substantial economic effect" rule under Section 704(b) of the Internal Revenue Code.
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14 October 2024 | 10 replies
For now I am looking in the broader Miami area, since I would preferably house hack a duplex and need to be somewhat close to my main work.As for questions I think the biggest unknown right now for me mostly revolves around the timeline and order of steps.
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15 October 2024 | 34 replies
If you want to build a better business as an agent on the biggest investor site in the world, follow these tips:1.
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17 October 2024 | 23 replies
You qualify for the loan by the rent revenue the property brings in and there is no revenue coming in from a product that is under renovation or being built...
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11 October 2024 | 3 replies
From 6 years of being in real estate, I’m far from an expert, but the three regrets I hear the most are:1) I wish I started sooner2) I wish I bought more3) I wish I never soldMy takeaways from these ...
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15 October 2024 | 1 reply
Our biggest challenge in the beginning was our on-site manager.
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14 October 2024 | 3 replies
Laud area-Cash flow is minimal, $300 a month-Selling now would allow opening up of equity to redeploy in another market with over 2x the cash flow for a new build-New market won't appreciate as much as FL though (not even close)-Current home will likely get hit with higher taxes, insurance etc. in coming year and years to come-Biggest reason to consider just keeping current property?
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13 October 2024 | 19 replies
My biggest piece of advice is to get a killer rental agreement/lease for Cook County.