11 November 2024 | 3 replies
Now, each lease will be unique, so you can't apply this across all commercial leases, but commonly, LL is responsible for exterior and structural components, while tenant is reponsible for any interior items.How to best explain this: honestly, I would request the tenants have their own legal counsel review their respective leases.
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13 November 2024 | 11 replies
I'm sure the struggles by which the TMPs finally discover Furnished Finder is a whole other post!
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17 November 2024 | 30 replies
Actively marketing the property and handling tenant relationsCost Segregation: allows you to accelerate depreciation by breaking down the property into different components, such as personal property (appliances, carpeting, etc.) and land improvements (landscaping, parking lots, etc.), which can be depreciated over a shorter period typically 5, 7, or 15 years rather than 27.5.
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12 November 2024 | 8 replies
While you will likely discover some good ones, in my experience you will find people more invested in marketing and gathering fees from your investment then mastering real estate operations.
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26 November 2024 | 86 replies
@Joe S.I would say BP does a good job as well as its membersFor example when peerstreet went under people were on BP blasting them because “they did not know” they invested in unsecured debt because they noted they invested in secured loansBut if you read the literature it was clear the investors were unsecured even though the company invested in secured loans (which this structure is not uncommon) - they were called out for this.There are components related to communication that cannot be verified unless posted but most documents and property transfers (like the one I assume is referenced in the start of this post) cannot be disputed.
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11 November 2024 | 8 replies
I am sure most real estate investors are not even familiar with what I am talking about, but the economy is a global economy and Multifamily investing is a tiny component too things and how immigration, inflation and other factors are handled will also have significant impacts that we just have no idea.
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11 November 2024 | 9 replies
I'm Valentina, I'm from Italy and I recently discovered this great community of BiggerPockets and I'm really excited to start investing in real estate.
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9 November 2024 | 5 replies
Do you have any links on how long water softeners are expected to increase the lifespan of various components?
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9 November 2024 | 9 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
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14 November 2024 | 25 replies
I just started getting into this space and I've been trying to discover the best way to find sellers who are motivated.