Ken Latchers
Booking.com. insane not to use.
9 January 2025 | 59 replies
They will put it in your bank account. at a higher price, Airbnb is mostly crickets and booking.com continues to bring in good traffic booking.com has been very smooth and the whole review mantra with Airbnb is almost non-existent yes somewhat complex to set up.
Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
Your question about LLCs is something many investors wrestle with, and the answer really depends on your long-term goals and how much risk you're comfortable taking on.For smaller portfolios like yours, setting up separate LLCs for each property can provide additional liability protection, but it also comes with added complexity and costs.
Trevor Davis
The city is claiming my 4 unit is really a 3 unit. What should I do?
19 December 2024 | 4 replies
In Colorado, zoning disputes can get complex, and local attorneys often know how to navigate the system effectively.Engage Your Tennant: Transparency is key.
Jae Yoo
Help finding a lawyer to proceed against a bad property management company
17 December 2024 | 4 replies
Another time I sued someone for breach of contract and it costed around 12-15k, this was a complex and much longer case.
Derek Stevens
Valuation of unconventional and profitable STR property
26 December 2024 | 18 replies
The sales comparison approach is typically done for residential real estate and will be less appropriate and come in under value because there are no good comps, and even an appraisal using the income approach (unless the appraiser is trained to do more complex commercial appraisals) is probably not going to be the most accurate either because they typically use market cap rates and in this case you don’t have good comparable income properties to find the market cap for the analysis.
Wade Hoffman
First fix and flip
14 December 2024 | 2 replies
For a partnership where you're providing all labor and the broker is funding the deal, a fair split typically ranges from 30-50% for you and 50-70% for the broker, depending on the value and complexity of your labor versus the financial risk they're taking.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
Hi Henry,You’ve mentioned some excellent points about the complexities of scaling a portfolio in Europe and the importance of understanding local markets.
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
Note: I have not formally warned the tenant about any of these issues.I am seeking guidance and advice from the BiggerPockets community on how to navigate this challenging situation and successfully evict this tenant.Disclaimer: This is a complex situation, and I understand that legal advice is best obtained from a qualified attorney.
Josh Edelman
Las Vegas Market + News for November
18 December 2024 | 2 replies
The iconic burger chain has confirmed plans to open its second-largest location at the BLVD shopping complex across from Aria.
Kay S.
Closing Costs for Seller Financing?
15 December 2024 | 6 replies
For costs, you’ll typically need to budget for title insurance (usually around 0.5%-1% of the purchase price), attorney fees (varies but can range from $500-$2,000 depending on the complexity), and closing costs (might include recording fees, escrow fees, and other admin costs—generally $500-$2,000).