Christian Bukle
Bigger Pockets Introduction Post!!!
3 January 2025 | 3 replies
Use the ge benefits that you have earned to their fullest.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
Here's an example why:- One of our people made a mistake last year, and entered an expense of $1500 instead of $150 - they accidently typed an extra "0". - Fortunately, our transparent systems allowed the owner to catch it:)- Full transparency - we would have never caught this honest mistake:(An owner also needs to be involved to approve & fund large expenses: maintenance, property tax & insurance payments (if they want to be more hands off), evictions, etc.A great PMC should also have a chat with you annually about your future plans for a property and your portfolio.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
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.
Giovanni Magana
First Post, New member but Old Listener
20 January 2025 | 12 replies
You can make more through co-living in most markets, but still likely to be better off house hacking 1 / year and then buy out of state with your extra cash.If you want to chat strategy with someone - feel free to PM me or reach out to contact info in my bio!
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
There is no additional "risk" on the note like a demand clause etc, but you have extra expense in upfront one time costs and the pre-payment penalty that most programs are sold with if rates do drop as expected in the future.
Kyle Carter
Forclosed housing informational - personal experiences
15 January 2025 | 5 replies
In the case mortgage foreclosure, I usually offer to pay for the existing mortgage and give them a little extra to move.
Jon D.
Relocation / selling vs investment?
22 January 2025 | 12 replies
Possibly using mortgage/home equity loan on one unit we own to buy an extra one.3.
Manny Darnell
Insight on Residential Care/Board & Care Strategy
5 January 2025 | 0 replies
My thinking is that by renting to a residential care facility I can effectively utilize all the space, earn above market rent, and help provide a needed service, while avoiding tenant parking jams.
Ethan A.
Seeking advice: tenant violated lease with many cats
20 January 2025 | 7 replies
.: I think you made a mistake.Yes, you get extra money.
Michael Elliott
STR's in Kissimmee, FL
22 January 2025 | 22 replies
The only extra pay for guests is the surf-rider.