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9 January 2025 | 46 replies
Well done.
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30 December 2024 | 5 replies
If this goes to court, it is with a judge well known for being pro-tenant.
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10 January 2025 | 11 replies
It's an estimated cash on cash return given current rental rates subtract expenses assuming 7% interest rate, 10% management fee, 5% repairs, 5% capex and other expenses like mortgage, insurance, tax. it's a estimate to tell you what properties to analyze vs ignoreyou can see the are pockets of negative returns as well as pockets of positive return. this is to supplement the data @Devin Conley provided
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22 January 2025 | 13 replies
Typically, since I'm well connected because of flipping, HVAC, roofers, lawn care, carpenters, kitchen & bath & plumbers and electrical all are good sources.
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15 January 2025 | 13 replies
Well, three top reasons come to mind:It will allow you to deduct their earnings on your own tax return.It is required by law for any person to whom you paid at least $600 in 2023, total.
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9 January 2025 | 46 replies
All fixed fee with out of scope offerings as well.
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15 January 2025 | 15 replies
Well, apart from “if you give me $3000.”Luckily this is a co-living model through PadSplit so I have some income coming in.
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13 January 2025 | 19 replies
You would end up saving the higher interest rate on the HELOC as well as closing costs.
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11 January 2025 | 14 replies
Hi Rafael, I reviewed your listing as well.
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15 January 2025 | 49 replies
Thanks.Hi Courtney,BiggerPockets Pro members get access to all Stessa core (free tier) functionality – plus unlock exclusive access to advanced features, like unlimited portfolios and Schedule of Real Estate Owned (SREO), all at no additional cost.BiggerPockets Pro members have free access to all Stessa’s featured benefits as well as advanced features, like unlimited portfolios and Schedule of Real Estate Owned (SREO) – giving Pro members exclusive value not offered to Stessa Free members.Simplify tax time and help maximize deductions Organize financial data and accountingEasily track key property metrics to optimize and boost ROI.