Michael Nguyen
New investor....Should I buy single or multi-family?
23 December 2024 | 14 replies
But starting with single-family can be a great way to gain experience and confidence before tackling larger deals.If you were someone I knew personally, I would probably suggest multifamily, but it's not for everyone.
Rich O'Brien
I’m losing a house to unpaid property taxes. Need help
6 January 2025 | 17 replies
Hey folks, Due to a lot of depression and personal issues, I let my property taxes go unpaid for close to three years.
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
You might want to limit your visits though to avoid escalation.Short term if the smart lock is on his personal door just change it to a key if it's isn't working for him, you can always switch back later.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
Management fees are steep, you're competing w/ bigger operators as well as mom & pop places - it's hard to get the personalized care needed, in my opinion, to be successful.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Can this person now be "a real estate" professional?
Grant Francke
Buildium Users: Buildium Public Site vs Personal Website
19 December 2024 | 6 replies
For those with using Buildium for property management software, do you use Buildium's public site or do you use a website you have made and maintain?I'm currently using a website that I created 4 years ago, posting va...
Xavien Rafael
How to Build Business Credit Without Impacting Your Personal Score
13 December 2024 | 2 replies
I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
We use Yardi for our accounting, which leaves much to be desired at times, but we have spent a lot of time working on our financials to get them to look the way we want.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
these investors were all chasing easy OOS cash flow:https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/52/topics/1010977-12-00...if you're serious on investing in an OOS market i'd pick one, get to know it, go to it in person, and build a team, and then determine what would you need to do to get a good return in that market.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Open-concept kitchen designs are also highly desirable.2.