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Results (10,000+)
Gerry Cohen DO NOT INVEST with SCOTT CARSON (We Close Notes) or Inverse Asset
10 July 2024 | 256 replies
I actually have been cautious to connect with individuals over time that had affiliation to SC tribe.
Jim K. 14% sales tax levied on Airbnb in Allegheny County
8 July 2024 | 8 replies
I hate taxes too, but when Airbnb went from a way for individuals who had extra room to share the space to a BUSINESS, they attracted the attention of authorities who now tax them the same as other hospitality businesses.  
Carolyn Mazzola RentRedi vs Property Manager
9 July 2024 | 8 replies
I don't think I should have to pay individual fees for each transaction, but am I wrong in this?
Julio Gonzalez Cost Segregation Study on Multifamily Property
8 July 2024 | 0 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.
Youri B. I need help and advice from lenders on how to finance the second phase of my project
8 July 2024 | 1 reply
We've already collected around 20,000 pre-reservations, equating to approximately $30 to $40 million, and have received hundreds of requests to build individual units.We’ve completed the first unit, which has passed the final county inspection under a residential permit, and are actively working on the second phase.
Brian Willie Setting up a real estate management company
8 July 2024 | 3 replies
I'm guessing the management company would collect all rents, pay expenses etc and the individual LLC would just own the real estate.
Tianna Marie Osbourne Best options for buying another property?
8 July 2024 | 4 replies
Partnering with a high salary/low time individual may allow you to scale much faster. 
Ross Francis Maine-tenance on multifamily
8 July 2024 | 2 replies
As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
Srinivas Reddy Advice on LLC structure
7 July 2024 | 3 replies
Hello everyone, I am relatively newer on Bigger Pockets and am looking for advice on LLC structure.I saw in another post a few years back that the general recommendation is to have a series LLC that owns the individual LLC’s.
Maikel Figueredo How to wholesale when house is listed with and agent?
9 July 2024 | 28 replies
DON'T BE SCARED AND JUST DO IT- I DON'T CARE IF IT'S YOUR FIRST TIME YOLO (BTW I AM A AGENT MYSELF)I JUST MOVED A PROPERTY (NOT FOR ANOTHER BUT FOR MYSELF THROUGH ASSIGNMENT- MEANING I WAS A INDIVIDUAL WASN'T ACTING ON BEHALF MY RE AGENCY)...OK NOW HERE IS HOW YOU WHOLESALE MARKETED PROPERTIES...1) FIND A PROPERTY- THE COMMENTS ABOVE DIRECT YOU TO DIVERT TO THE OFF MARKET FSBO'S WHICH SHOULD ALSO BE A MAJORITY OF YOUR BUSINESS HOWEVER SHOULD EQUAL OUT TO YOUR ON MARKET PROPERTIES AS WELL.