
19 August 2024 | 3705 replies
Is it common to get a partner if you plan to house hack?

16 August 2024 | 4 replies
If you do, I'd suggest getting a housecleaner in once every 1 to 2 weeks to clean common areas and bathrooms.

16 August 2024 | 2 replies
Inflating prices on seller finance sales is all too common.

17 August 2024 | 20 replies
However, as a general rule, if you have two sources of income like that and you're using Schedule C to report your property management business, your income will be subject to self-employment tax in addition to income tax.

15 August 2024 | 5 replies
In my experience the basics for a functional RE based CRM are:Custom Fields for Data Objects (Leads, Prospects, Applications, Buildings, Units, etc...)A Screening Engine (background/credit checks, employment verification, etc)Online Rental Application (this should automatically run the application through screening)Ability to mass email/sms leads and tenants to provide informationSurveys/Inspection formsI've been building real estate CRM tools for years.

16 August 2024 | 4 replies
Almost never the MLS.This sounds like a common story of out-of-state investors buying up class C with local third party management.

15 August 2024 | 3 replies
We used to have in-house inspectors but it was hard to scale and with our heavies season being that of summer months, at 1000+ units we weren't able to hire enough inspectors for the last day of month move outs and first day of month move ins and then still keep them fully-employed in our slower season in fall/winter.

16 August 2024 | 8 replies
Quote from @Deborah Lee: Software is a common question on BiggerPockets.

15 August 2024 | 9 replies
Its closer to Belleview, where Lockheed Martin is which is one of the biggest employers in the Ocala area.

13 August 2024 | 8 replies
We applied for a traditional cash out/refinance on the investment property but were denied because she's only been employed at one job for 1 year and 2 months (they wanted 2 years).