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Results (10,000+)
Account Closed House hacking in 2024
5 December 2024 | 11 replies
Success often comes from picking properties with strong chances for rent income or those that can be improved in value.
Doug Bontrager Purchased First Rental Property
4 December 2024 | 8 replies
How much have you over-improved the property?
Paul Cijunelis Started a new PM!
5 December 2024 | 4 replies
Moving to a portfolio model—where a pod (1 PM + 2 VAs) manages all aspects of 200+ units—streamlined operations and improved accountability.
James Wise New BiggerPockets feature; Cross Sell..... What is it?
11 December 2024 | 25 replies
"Cross selling" is _________________:a) When you go to your sales job wearing clothes more typically worn by the opposite gender.b) Just like it sounds: literally selling crucifixes. c) A strategy wherein a business strives to encourage existing customers to purchase adjacent products complementary to an item that the customer has already bought in a prior transaction, or is currently on the verge of purchasing.d) All of the above.
Rene Hosman How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
I would need to figure out the building and land, mortgages, contributions, improvements and such.
Shrikant Kakani Does it make sense to purchase older properties?
4 December 2024 | 2 replies
Unfortunately many of the improvement costs do not deviate greatly when you’re renovating a lower cost property  in a particular market compared to a more expensive property  in the very same market which makes it difficult to absorb the improvement costs in some areas.
JD Martin Do you have inspection & hoarding clauses in your leases?
2 December 2024 | 7 replies
We are getting ready for a comprehensive lease document update and it's an area I think we might be able to improve in our current documents.Thanks!
Joe DeVico Propstream or Batchleads?
9 December 2024 | 12 replies
I am currently using batchdialer for my VA which seems to be pretty good (a little confusing at first) but gets the job done.
Adam Taylor Minimum Cap Rate?
4 December 2024 | 1 reply
The short answer is I look for 9% min and try to press it to 11% with those strategies along with rental increases once improvements are made and the tenants know you actually care about the property.
Wendy S. Buying new car cash vs financing
7 December 2024 | 18 replies
I quit my job 2022, live off rental income and we house hack a large 3 level house with rents totally covering mortgage.She has excellent credit and six figure yearly income.