Drew Sygit
A Logical Way to Understand & Monitor Your PMC's Maintenance Charges!
26 January 2025 | 2 replies
Even the best property management companies (PMC) struggle with:- Finding reliable handyman and contractors (ServiceTechs)- Same with affordable ones- Tracking preventive maintenance- Tracking previous work for potential reoccurrence warranty coverage- Understanding tenant reported problems, so the correct ServiceTech can be dispatched- Determining if tenant is at fault for an issue & should be charged - and will proof stand up in court?
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
. - If you come across the same tax expert on multiple threads, and you consistently like their responses, send them a PM via Bigger Pockets or contact them via the contact information listed at the bottom of their comments.IMPORTANT: we're prohibited from offering our services to you, both publicly and privately - unless YOU initiate the conversation from your end.Still, some people choose to ignore these Bigger Pockets rules and will send you an unsolicited PM or even post publicly something like "give me a call, happy to chat."
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
You'll be tagging transactions throughout the year with categories that fit the Schedule E so when tax time comes (if you stay on top of it) every deposit and expenditure will already be categorized and it's quick to create the Schedule E and/or run P&L reports any time you need to.
Andy Sabisch
Question on tenant smoking marijuana
8 January 2025 | 9 replies
A report by a neighboring tenant is admissible in court.
Jason B.
Suburban Chicago: One of the Hottest Rental Markets in the U.S.!
15 January 2025 | 10 replies
Hey fellow suburban Illinois BPers - Not sure if this has been sent/shared previously, but thought it'd be good to recap - Chicago Agent Magazine recently reported that suburban Chicago was ranked the second-hottest rental market in the nation (Here’s the article.).This confirms what a lot of us have seen: demand for rentals is really strong in the suburbs right now.
Ashley Mierez
What are investors looking for from wholesalers?
7 January 2025 | 7 replies
Be a pro, be honest, be fair, be consistent, communicate, and you'll do well from an investor's perspective.
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
The only example I can think of is that I asked an applicant questions about their credit report.
Joelle Chilazi
Greetings from Realtor in Jersey City which has the 2nd highest rents in the US
13 January 2025 | 27 replies
Check out this recent rental report from Zumper ranking cities in the US with the highest rents. https://www.zumper.com/blog/rental-price-data/ Welcome to BP - do you work exclusively with investors as a broker or is it just a good portion of your clientele?
Jenna Schulze
Investing in Findlay
10 January 2025 | 1 reply
All channels can work, though some bear fruit more consistently than others.. especially when you’re hoping to avoid heavy renos.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
@Kevin Wood: For those temporary and permanent differences accounts, move them to Other Income and/or Other Expenses and see if you the reports works for you.