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1 February 2025 | 56 replies
Any "perceived" deception at any point, will be severely counted against you by the court.
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27 December 2024 | 9 replies
Get a bank statement to cross-reference their paychecks as most employers now direct deposit.You'll also see if they have a savings history or are living paycheck-to-paycheck.If they are not paying rent right now and have no savings, how well do you think they'll be able to adjust their budget, so they can pay rent on time?
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26 December 2024 | 5 replies
@Paola AstridRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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4 January 2025 | 67 replies
Not counting the land which was discussed above we will have about $40,000 NPV into the Teak trees over the 25 years as standing timber, not harvested.
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14 January 2025 | 329 replies
Fingers crossed
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2 January 2025 | 30 replies
Even with 200 STRs it isn't a broad enough cross section to assume the changes.You would need to have millions of data points to show the trend IMHO.
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24 December 2024 | 4 replies
So the value and equity of the land you have counts towards the total value of the deal.
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25 December 2024 | 4 replies
We had a client that bought in Port huron and then ended up selling their property because they went through 3 PMCs and gave up trying to find a great one:(Some copy and paste advice below:--------------------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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23 December 2024 | 12 replies
There is some room for creativity here, but it takes careful planning and execution, and there is only so much you can push it before crossing the line from aggressive but legal to reckless and punishable.GROUP 2: Tax strategies that do not belong on the EOY to-do listForm an S-corporation.