Tinia James
Made no profit this year should I still file taxes?
20 December 2024 | 9 replies
I recommend finding a real estate and business accountant to help you with filing your taxes.Bigger Pockets is a great place to find a real estate tax accountant.
Hira Y.
Property manager still charging landlord after the PMA is over.
6 January 2025 | 12 replies
Property manager (PM) 's lawyer continued the case to get the unpaid rent from the tenant.PMA between landlord and property manager(PM) has also expired so landlord got the property back , but when landlord requested to settle the account and the deposit( there is one month deposit from landlord also), PM refuses since the lawsuit is going on with the tenant, Additionally PM is still charging the monthly property management fees from landlord even though landlord is managing the property.Landlord is done dealing with PM and requested the PM to withdraw the lawsuit against the tenant ( landlord is aware that he will loose 2 months rent), PM came back saying they cannot withdraw the lawsuit since that will violate fair housing law.QUESTION:Does withdrawing unpaid rent case against the tenant violate fair housing law ?
Daniel Alvarez
What is the best way to see a person is a good Tennant?
12 January 2025 | 11 replies
You also need to account for the eviction process, state laws etc...
Sergey Marshak
Help with Setting Up Google My Business for Out-of-State Investing
24 December 2024 | 2 replies
I’m an out-of-state investor working on building my online presence, and I’m currently running into an issue with setting up my Google My Business (GMB) account.
Donald DiBuono
Creative Finance Deal Need Advice!
9 January 2025 | 4 replies
Here are a couple of ways you could structure the deal:Lease Option with Seller Financing: You could lease the property with an option to buy later, allowing you to rehab it while giving the sellers time to find a 1031 replacement property.Seller Financing with Deferred Payment: Structure the seller financing with no immediate payments, allowing you to refinance once the property is appraised, and the sellers can complete the 1031 exchange when ready.Escrow Holdback: Transfer the deed into an escrow account, giving you control without immediate transfer, so the sellers can take their time with the 1031.Third-Party Facilitation: Use a qualified intermediary to hold funds and facilitate the 1031 exchange while you refinance.These options allow flexibility for both you and the sellers.
Reid Ervin
Partnering with an Investor to Purchase Off-Market Portfolio via Seller Financing
7 January 2025 | 2 replies
In my Longmont flip, we made sure to account for worst-case scenarios upfront so there were no surprises later.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
This approach avoids downtime and lets you start earning right away.Future Bookings:Taking over bookings can get tricky since Airbnb doesn’t allow direct transfers between accounts.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
That would be around $90,000 sitting in a savings account!
Allen Masry
what happens to 500k
7 January 2025 | 21 replies
This doesn't account for transaction costs and reduction in leverage as you pay down the mortgage which accounts for closer to 2-3% less, so you 12-18%.
Andrew Rodriguez
My Involvement in Fixer Upper
13 January 2025 | 9 replies
So, I would only recommend doing it when there are synergies to take advantage of such as the partner having a skill like HVAC, interior design, accounting, etc. 2.