Christopher Hu
First Rental Property listing questions
29 January 2025 | 5 replies
Yes, I require renters insurance.
David Naphy
Cash out Refi or wait
23 January 2025 | 7 replies
Are you reserving for cap ex, maintenance & vacancy?
Marc Shin
refrigerator water dispenser is not working
2 January 2025 | 25 replies
If it is a higher end property I would provide bottled water service for the property but if its not a high end then I would provide a BRITA and have maintenance change the cartridge out every month as part of the maintenance.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
The study could also identify the opportunity to capture additional benefits such as dispositions, and repair and maintenance expenditures.
Benjamin Ying
First time investor needing some confidence!
30 January 2025 | 47 replies
You may not need to visit each property you buy in that area though.4) Unless you are buying Class A turnkey, you should have a PMC.5) See below copy & paste info:-----------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Stephanie Medina
Is it a bad idea to convert this LTR into a STR?
26 January 2025 | 17 replies
Then based on @Michael Baum's suggestion, I think I will have my cleaner and/or maintenance person do monthly/quarterly maintenance like using using enzyme based cleaners, grease fighting drain treatments and hot water flushing.
Seth Williams
Alternatives to regular long term rentals, Sober Living or Group Homes?
29 December 2024 | 3 replies
If you decide to pursue this option be sure to EXPLICITLY spell out how the maintenance of the buildings will be handled as these types of facilities tend to be hard on property from my experience.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
In addition, you’ll be included in their newsletters for additional real estate investing resources.The best way to leverage RentRedi benefits is for rent collection:Tenant applications and screeningDocument and field maintenance requestsE-sign leases Tenant communicationRenter’s insuranceAnd for Stessa benefits: Property bookkeeping and accountingPortfolio monitoringProperty analytics to track historical performanceSchedule of Real Estate OwnedLandlord bankingTax prep support
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
30 January 2025 | 47 replies
.: Quote from @Jay Hinrichs: Let me break your post into parts, as each concerns a different subject and as such requires a different response.1.
Alex Silang
Umbrella insurance but no personal residence insurance?
30 January 2025 | 3 replies
So I’ve read that unbrella insurance providers require you to use them for car and home.