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27 January 2025 | 8 replies
They wanted me to append the 3 plans into a single document.
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29 January 2025 | 9 replies
Here's a good folder setup.Bank StatementsCredit Card StatementsProperty Management StatementsMortgage StatementsSTR Platform StatementsInvoicesReceiptsClosing Documents (Purchase/Refi/Sale)LeasesCheck & Deposit ImagesVendor ContractsW-9’s & 1099’s
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28 January 2025 | 14 replies
@Fiona Brown I've never heard of this group.
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3 February 2025 | 0 replies
This restrictive definition can pose challenges for co-living arrangements, which may involve unrelated individuals sharing a dwelling.
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25 January 2025 | 15 replies
However, this information is beneficial to the rest of the BiggerPockets members.
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9 January 2025 | 3 replies
To address this I took detailed pictures from beginning to end of my most recent flip, documenting that we did a thorough job using quality materials.
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18 January 2025 | 4 replies
@Dwight HenningRecommend 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.
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3 February 2025 | 2 replies
@Frankie Lotrec if you have an existing loan on the property and you plan to legally convert from a 4 unit to 5 unit , you should check the loan documents because you’d essentially be converting it to a commercial property, since 5+ units is considered commercial and subject to different appraisal approaches and so it would rule out the property being considered for purchasers utilizing residential financing.
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4 February 2025 | 2 replies
I imagine a T-6 is just a Trailing 6 month table that shows our rents, expenses all fully tabulated and organized into a summary table, but having a hard time finding documentation online to support that.
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11 February 2025 | 183 replies
I’m still reading the fine print of this bill to see how costs are affected.