Salome D.
Multifamily Passive Investing
24 December 2024 | 23 replies
But ultimately, any cost to the syndicator is ultimately a cost to the deal, which means that at the end of the day it costs the investor.Investors that can find quality sponsors, and do proper due diligence on them, can save an entire layer of cost by investing directly with those carefully selected sponsors versus investing through crowdfunding portals.Good luck!
Julio Gonzalez
Is my property a good candidate for cost segregation?
14 January 2025 | 0 replies
This allows for proper retirement of assets.If a property has already been sold it may still be a good candidate for cost segregation as long as you sold the building and have not filed the tax return.
Dean Klein
True dimensional 2x8 insulation question
31 December 2024 | 4 replies
That could be another source of where the cold is coming from.
Andy Sabisch
Question on tenant smoking marijuana
8 January 2025 | 9 replies
The #1 reason why landlords fail is this: Failure to manage to the lease (Source: American Apartment Owners' Assn).
Spencer Dixon
Property manager recommendation
20 December 2024 | 4 replies
@Spencer DixonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Abraham Shamosh
Question about Wholesaling RE
6 January 2025 | 2 replies
It also will help you a lot to learn how to properly calculate ARV as your buyers will want to work with those wholesalers more than one who is just throwing properties at them.
Jordan Meltzer
Where to invest my cashflow?
15 January 2025 | 6 replies
@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.
Adam Aero
To renovate basement or not for appraisal?
15 January 2025 | 4 replies
I would finish 4/6 rooms down there with proper egress and optional ventilation.
Nicholas Dillon
HELOC on Primary Residence
12 January 2025 | 2 replies
If you were limited in cash reserves atleast you'll have the HELOC as a 2nd or 3rd back up source of funds to weather storms.
Bear Geiger
Purchasing Off-Market Property: How Can We Effectively Capture Their Attention?
28 December 2024 | 1 reply
However, we often facechallenges in sourcing suitable properties through traditional MLS listings.