Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
How can a person/company do the following in 5 hours.Drive to the property.Inspect the property.Create scope of work.Send scope of work to owner for approval.Get approval for scope of work.Drive to store / supply house #1 for materials.Shop for and purchase materials at sore / supply house #1.
Joseph Hossenlopp
Minoan to furnish rental properties
17 January 2025 | 28 replies
I asked to cancel a bed frame and I did not get a confirmation until I followed up 3 days later.
Chris Blackburn
Tax credit 45L for a 90 unit or 112 unit project? What should it cost?
22 January 2025 | 1 reply
Followed Energy credit.
Jim Lynch
Minimum "boxes to check" for tenant screening, assuming you are self-managing
31 January 2025 | 6 replies
@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.
Joe Paasch
I am new to Real Estate investing
23 January 2025 | 7 replies
Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.
Julio Gonzalez
Cost Segregation Study on SFH in Iowa
22 January 2025 | 0 replies
Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Sergio Vasquez
New Year, New Focus
21 January 2025 | 1 reply
I have been following the Real Estate Investing industry for a while and just recently decided to put my focus into it and implement a plan I had in mind for years.So I went down to Puerto Vallarta I put together a team of local realtors, brokers, contractors, property managers and a lawyer.
Thomas Magill
Build-to-Rent on Benfield
29 January 2025 | 0 replies
I've been following the build-to-rent method for some time and even lived in one for 2 years.
Beau Alesi
Investing In Real Estate
24 January 2025 | 6 replies
Ok so a diff path then my previous post.I also wanted to invest in real estate but just assume( and bet is probably true) that most of the people that find truly good investments have either or all of the following the most "average joes" don't:1.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
The choice ultimately depends on your time availability and long-term goals.From personal experience with clients, professional management has proven to be especially valuable in risk management.