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23 January 2025 | 23 replies
Quote from @John Friendas: Hey,My investing partner and I have reached an agreement where he would have the debt under his name and apply for it individually, and I would do the majority of the management (he is out of state and my income is half his).
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2 January 2025 | 13 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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21 January 2025 | 11 replies
There were at least 5 individuals who seemed ready to rise to the occasion and help this poster with their borrowing needs.
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6 January 2025 | 5 replies
There's some excellent relevant & recent material from very high quality individuals on this forum.
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7 February 2025 | 100 replies
It has to be something the individual wants, and let's face it, that isn't your typical BP investor.
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10 January 2025 | 16 replies
These costs for most of the individuals are considered personal in nature (unless you have a RE portfolio that is run like a business; see below).
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14 January 2025 | 4 replies
NET 30), etc. and you can use this project-specific agreement as an addendum for individual jobs.Final Tip: Treat the contract as a transparent, collaborative tool to set expectations, not as a "gotcha" document.
9 January 2025 | 0 replies
Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.
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15 January 2025 | 11 replies
I believe sometimes a bad experience is more reflective of the individual than the company.
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9 January 2025 | 1 reply
I’ve been around real estate for decades, and I read in The Economist once that in lively markets like Charlotte, folks will pay a premium for a comfortable room if you’re near major employers.A friend of mine tried something similar out in Austin a while back.. he’d inherited a 4-bedroom property and split it into individual room rentals.