Aidan Birmingham
Help on Setting up Real Estate Partnership
8 February 2025 | 3 replies
Agreed - plus two additional thoughts:1) I always recommend having your CPA also review the drafted operating agreement for the tax issues.
Roger Mace
Beware of Fraud and Scams in the Lending Industry: A Guide to Protecting Yourself
8 February 2025 | 3 replies
Additionally, there was no business license registered in the City of Atlanta.Suspicious Communication: The individual identified as Chris Anderson had a heavy foreign accent and provided convincing but dubious claims about the company's legitimacy.Questionable Financial Arrangements: Upon loan approval, the wiring instructions directed the loan fee to a Capital One checking account under the name of a supposed loan facilitator—a 85-year-old woman in Florida.
Eric Lopez
Estimating Operating Expenses
6 February 2025 | 8 replies
Many investors budget an additional 5%–10% of gross rental income for CapEx, though this too depends on the property’s condition and the age of major systems.
Lincoln Waite
Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
8 February 2025 | 22 replies
If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.
Bharath K Raju
Leveraging Rental Property Equity: Sell, Upgrade, or Hold for Growth?
3 February 2025 | 0 replies
And I could use additional 200K or so to fund my next investment property.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
THEY ARE NOT LIMITED TO ONE PROPERTY.So, they can 1031 to 2 or more additional properties OR 1031 into a rental property plus a DST so that all the profits are used up in the exchange.
Eric Maxwell
1st time home buyer FHA live in flip
7 January 2025 | 0 replies
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $140,000
Cash invested: $24,000
Sale price: $220,000
I knew from the start that I was going to buy this propert...
Linda M.
Security deposit increase for NYC lease renewal
17 January 2025 | 3 replies
Here's the deal: You don't need to withdraw and return the current security deposit just to collect the additional $100.
Makan A Tabrizi
Nail/Screw Holes in Walls
22 January 2025 | 39 replies
Additionally, trying to spot paint even a white wall with white paint doesn't work, let alone other colors.
Will Greenlee
RentRedi Personal Experience - Do not recommend - Noticed BiggerPockets promotion
4 February 2025 | 3 replies
After talking to support (who were actually quite responsive and helpful), they told me I had to publish the ad with only one photo first and then re-post the ad with additional photos later to force the first photo to be first.