Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
11 January 2025 | 50 replies
It is clear from the interview that their main skill set is raising money and they partner with other "Co-GPs" who focus on the operations.
David Robertson
Young Entrepreneur Starting a Real Estate Company – Seeking Advice on Raising Capital
17 January 2025 | 4 replies
Do you have a track record of purchasing and operating real estate on your own?
Ashley Wilson
New Leases versus Renewals: What matters more?
10 January 2025 | 2 replies
It may surprise you, but we have always operated under the premise that renewals make us more money than new leases.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
Park Hill Golf Course was owned by a trust, in the wayyy distant past it was previously a dairy farm, but it has been operated as a golf course since the 1930's!
Shaun Ortiz
How Can I Best Support Investors Remotely with Leads on Distressed & Foreclosed Homes
17 January 2025 | 0 replies
Hi BiggerPockets community,I’m new to real estate investing and currently running a remote operation to help connect investors with distressed homeowners and foreclosed properties across various markets.
William Nast
The big dream: Aspirations of a young man.
10 January 2025 | 6 replies
I have always dreamed of owning and operating multifamily rental properties ever since I was a little kid.My mom has been in realestate ever since I could remember, everything from being a realtor, fix and flips, buy and holds, and long term rentals.
Mary Peale
Seeking Advice on STR Profitability & Strategic Adjustments for Year 2
15 January 2025 | 15 replies
In that case you will need to analyze the comps, and keep in mind operating two units on one property can bring other costs and operational issues.2.
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
Joshua Tucker
Tax breaks on tribal land
16 January 2025 | 2 replies
On top of that, hiring tribal members for construction or operations could qualify for employment-related tax credits.
Melanie Baldridge
Did you know this about Gas Stations?
14 January 2025 | 2 replies
In our area, it is rare to find a gas station where the real estate is owned by the operator.