Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
I manage my own properties as do my clients; with the electronic resources for screening, rent collection, more - the ROI is greatly improved and you retain control of the property.Hope this helps.
Christine Song
Storage passive investment
18 December 2024 | 4 replies
Instead it looks like a sales pitch that is targeted to unsophisticated investors who are new to the space.If that's actually the situation here than these deals generally have multiple things I can't stomach and is an immediate red flag for me.2) AAA Storage growth: At one point I was interested in this sponsor because of the claimed full real estate cycle track record with little to no money lost.
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
We’re using a well-known Columbus CPA firm this year and for a similar price the work has been better, and the engagement is night and day improved.
Jared Mink
Evicting Tenants prior to or at purchase
6 January 2025 | 1 reply
I would want to make improvements to all units and increase the rent to market value when the renovations are completed.
Laura S.
Advice for 1st time landlord evaluating applicant
6 January 2025 | 5 replies
She paid us up front for 12 months of rent & then paid herself each month & at the end of year 1 she paid us for another 12 months...she did this until her credit improved.
Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.
Jarrod Ochsenbein
My 4th rental property is now under contract
17 January 2025 | 12 replies
I have improved my vetting skills quiet a bit in the last year, so things are more stable now.
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
@Paulette Midgette I haven't looked at that statute in a while but I would check to see if the Home Improvement Consumer Protection Act ("HICPA") applies to this situation.
Chris Garnes
Please help - advice needed to complete two flip properties.
10 January 2025 | 5 replies
A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.
Jorge Lopez
BiggerPockets app change my iPhone and the BiggerPocket app ?
31 January 2025 | 42 replies
New and improved and looking to make it the best ever this year.