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20 November 2024 | 11 replies
I really like to think about it like online dating.
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22 November 2024 | 14 replies
Networking is key—try connecting with local investors, joining real estate meetups, or hopping into online groups to learn more and build relationships.
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20 November 2024 | 13 replies
Write the property on the receipt and keep a digital copy and the hard copy.Quickbooks Online is a good software for both receipt capture and organizing what expense goes with which property.
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19 November 2024 | 2 replies
It now cash flows beautifully, which I continue to utilize for other my other properties.
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19 November 2024 | 13 replies
They need to do all their due diligence including understanding the value that will be added by the ADU, the finance options available, the consequences of adding the ADU (rent control, property taxes, rental limitations, etc), etc.Good luck As with all things, it depends on the investor and the equity.If they are able to leverage existing equity to buy it under a HEL or HELOC, then they are adding equity with no out of pocket expenses, and adding immediate and longterm cashflow to existing stock.We like ADU's because there isn't more land being created in our city that is landlocked...but there is more density available to those with large lot under-utilized sfh.In my market, it typically costs $2 to add less than $1 of value on single build ADUs.
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11 November 2024 | 2 replies
I hired a GC to manage the build out, but there has been no consensus on who is responsible for the utility payments (Water and Energy).
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20 November 2024 | 7 replies
Bigger Pockets isn't letting me include his contact info in this post, but it is easy to find online
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18 November 2024 | 13 replies
We want to travel and invest and are considering converting this short term rental to a long term rental to avoid sales tax, paying utilities and general management of the property.
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15 November 2024 | 18 replies
She does not have an on line mangement system though just sends a check each month with a little ledger of expenses.I have a client that runs a larger company and they do a nice job at least on all the deals I have done for them as a capital partner when I do the draws and look at my before and afters they do some really nice work in a timely fashion
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19 November 2024 | 5 replies
Engage in networking, social media, on line forums, associations, etc and showcase your expertise.3.