KC Pake
⁉️ 📲Your Most Expensive Lesson in Real Estate Investing: Share & Learn 🏢
23 February 2024 | 3 replies
We fell into the trap of giving them multiple chances and hoping for improvement, but it usually resulted in further delays, additional costs, and compromised work quality.
Vincent Drago
Thoughs on transitioning tenants to electric heating
22 February 2024 | 7 replies
So as a compromise to the tenants comfort level I felt that rather than making them cold by me forcing them to keep it 10 degrees colder than they desire I will allow them to pay to keep it as hot as they want it.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
The taxable event per se could compromise the sale so we're trying to determine the best legal tax-wise strategy.Thanks in advance....
Robby Sanchez
No sellers disclosure
20 February 2024 | 13 replies
Maybe as a compromise come up with a list of questions and have the Seller answer them.
Logan M.
When do you become a big deal?
13 February 2024 | 5 replies
While I employ a lot of modern intelligence these days, there are some things I do not compromise.
Derek Hagglof
Advice on how to proceed
13 February 2024 | 6 replies
A good compromise would be to 1031 into a passive 1031 complaint product (whether bricks and mortar or something like a DST). but manage the debt so it becomes non-recourse to you.
David Jacques
Potential rental property with an detached ADU
11 February 2024 | 4 replies
We found a one acre property in a great location (lots of jobs and great schools) with two houses on it, but both houses are 2-bedroom and 1-bathroom houses in a community compromised mainly of young families.
Behzad Sharifi
Why properties more than 300k doesn’t make cash flow?
11 February 2024 | 32 replies
., Airbnb) can provide higher returns in specific markets, but come with their own management challenges.Refining Your Analysis:Double-check your calculations: Ensure you're factoring in all relevant expenses (taxes, insurance, repairs, etc.) in your BiggerPockets analysis.Consult local experts: Real estate agents or property managers familiar with your target market can provide insights on hidden gems and realistic expectations.Remember, location matters: While affordability is important, don't compromise on factors like tenant demand, and access to amenities.Additional Tips:Network with other investors: Connect with local investor groups or online communities to learn from their experiences and share strategies.Start small and scale gradually: Building experience with a manageable property can be valuable before taking on larger investments.Remember, investing requires patience: Don't expect immediate results.
Richard Vang
Tenant complain about mold
9 February 2024 | 20 replies
California has specific mold laws - I suggest you read up on themCalifornia's "Toxic Mold Protection Act of 2001" authorizes the state's Department of Health Services (now called the Department of Health Care Services) to set permissible levels of indoor mold exposure for sensitive populations (like children, or people with compromised immune systems or respiratory problems).
Jonathan Abrado
First Deal- Analysis Paralysis and Unsure If Good Deal
5 February 2024 | 4 replies
While it's rare to get both the price and terms you want, there might be room for compromise.