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29 January 2025 | 2 replies
We don’t know any PMCs to recommend in the Cape Coral/fort Meyers area, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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1 February 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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3 February 2025 | 6 replies
The lease should have a provision that requires the T to comply with HOA rules.
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30 January 2025 | 5 replies
I am looking at different loan options but to break even (not having to put any money of my own in the house after the initial down payment) the current down payment required is that much.
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17 February 2025 | 10 replies
@Sankalp GoduguIf you are looking in the Columbus market I recommend areas like Hilltop, Linden, Eastmoor/ Whitehall, and Franklinton.
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25 February 2025 | 6 replies
I would recommend taking at Columbus Ohio.
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3 February 2025 | 7 replies
A BRRRR could maximize returns by recycling capital, but it requires solid execution.
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6 February 2025 | 6 replies
A lot of cities require you to get a work comp policy if you are an owner builder unless you hire all people with their own policies.
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22 January 2025 | 22 replies
If any of the proceeds touch the sellers hand the IRS sees it as taking profit and you will have to pay taxes on that portion.Net proceeds - Is the net sale, minus any Equity in home being sold.I find a lot of investors who want to purchase less than their reinvestment requirements will do the calculation to see what their tax burden would be if they purchase less than they sell.
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17 February 2025 | 9 replies
My honest recommendation to you is that before taking any big steps towards any new endeavors, please just understand it.