Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
I have been using Appsheet for other items and can create something I can send the tenants.Thanks
Paul H.
Questions when working with a new/unfamiliar wholesaler
30 December 2024 | 7 replies
You can get some estimates from contractors for what they charge for big ticket items like to renovate a bathroom, renovate a kitchen, replace the furnace, replace the roof, etc.All wholesale deals should have free and clear title and you should be able to see the sales agreement before submitting the earnest money deposit.
Gene D Stephens
Experience with Adverse Possession?
30 December 2024 | 7 replies
The AP has to be open, notorious and hostile...those terms have a legal meaning and essentially it is that you as the owner have been fully deprived of your right to the property.Absent those items above, it sounds like at best they have another legal right which is a "prescriptive easement".
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
Ironically the invested capital is often very similar for either. because your either investing capital in # of locations to scale, or investing capital in higher quality ie higher cost assets and operational items.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
This way I get paid upfront for my work 1-2k plus I know I have another payday at some point in the future if the deal closes.The costs to fully develop a property and sell for near retail usually involves the costs below and takes 2-6 months or more in some cases, but the profits can be huge if you're working in markets where land costs are high:Title 200-400Legal 500-2000 depending on zoning issuesIf wetlands are present AND its a buffer zone project: 2000-5000Perc & septic design if needed 1500-3000Treescaping & cleanup for retail sale 500-1500Selling costs of 6%I tend to stay clear of properties that need more than the above expense items.
Ananth Subramanian
Post Eviction Judgment
26 December 2024 | 7 replies
Do negotiation with the tenantIf it is item 2, what are the do’s and don’ts
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Other items, such as football equipment from the kids’ league, were destroyed in the flooding, he said.More leaks have come from the plumbing between his first and second floors, prompting him to leave his light fixtures hanging unmounted from their wires so they don’t fill with water, he said.Clusters of dead insects cling to one section of his ceiling.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
I could completely be misunderstanding the process, so thank you, in advance, for clarifying these items for me.
Brady Ascheman
Should I keep inherited tenant?
2 January 2025 | 15 replies
Another thing we do is check to see what items need to be addressed.