Mary Jay
When would you buy a property with a negative cashflow?
22 March 2024 | 88 replies
I don't know what market you are in but where I am at, a DP of 30-35% is not uncommon to cash flow.
Alex Rodriguez
Who is responsible for clogged bathtub?
18 March 2024 | 4 replies
If so, this is not uncommon and should be budgeted as part of your annual maintenance expenses.
Michael Lipari
1031 Exchange For Newly Renovated Property
19 March 2024 | 12 replies
The IRS still doesn't like "short term" 1031s, with good reason - you need to ensure that you can 100% support that it was not a flip.This was not uncommon during 2020-2022 when prices were increasing at an incredible rate, I did have a few clients where they acquired a property that was truly intended to be a rental property, had a long history of buy / renovate / hold rentals, and then the market just blew up so fast that it changed the investment analysis for that property, or in several cases they actually just received unsolicited offers that they couldn't refuse.
Jesse Kassel
Last minute, first investment property advice
18 March 2024 | 10 replies
In this area unpermitted work is not uncommon and not heavily enforced.
R. Phil Lewis
Buying a Property with Multi Decade Tenants In Place
17 March 2024 | 4 replies
Especially among those in the late fall season of life who have been "mailbox money" fans throughout their earning years, it is not uncommon to see rents MASSIVELY below market value and those same people boasting in their lack of vacancy.
Account Closed
tenant wants to stay for 3 years+, what to do?
15 March 2024 | 25 replies
As a tenant earlier in life I needed multi-year leases as I knew my job would keep me in a specific place for 2-3 years.Escalator clauses are not uncommon in a multi-year lease.
Joshua Post
New to REI. Nervous, should I get training?
15 March 2024 | 17 replies
Your stress is not uncommon.
Chris Seveney
Non Performing Loans - Simple Case Study
13 March 2024 | 5 replies
We have received $15k to date and have the loan under agreement to sell to another investor as a reperforming loan.This is BEST case situation but it is not uncommon if you do it right.
J Scott
J Scott - Author of Flipping/Estimating Book - Ask Me Anything!
19 March 2024 | 323 replies
And if you think it's uncommon to have to fire a contractor, just wait until you have a couple projects under your belt -- you'll realize that it (should) happen more than you'd think.Anyway, start by reading this:https://www.biggerpockets.com/renewsblog/questions...
Elton Tate
Seller Wants an Offer Before Seeing Property
14 March 2024 | 26 replies
This is very typical for multifamily, and also not uncommon for any occupied rentals being sold to investors.