Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
24 December 2024 | 6 replies
See, the older I get (don't ask), the more annoyed I get with the endless "I WILL SHOW YOU HOW TO CUT YOUR TAXES in DECEMBER" emails, posts, webinars, podcasts, TikToks, YouTubes and whatnot.
Gash Nookala
Newly built property in Huntsville in Market for rent for more than 2 months
23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
Victor Tofilski
Why is my unit still vacant?
31 December 2024 | 49 replies
Number 1 reason for non-rental is $ price of rent, second is the season, I say the season is Thanksgiving to Super Bowl.
Frank Alfano
New to BiggerPockets: Seeking Tips on Private Lending - Finding Multifamily Property
22 December 2024 | 12 replies
It was really insightful, especially the part about how DSCR loans offer shorter seasoning periods and more flexible qualification requirements compared to conventional financing.I’m currently focused on scaling into 6+ unit multifamily properties in New Jersey using the BRRR strategy.
Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
I’m self managing myself but the tax side of it is a little confusing to me but I’m recording everything involved as far as maintenance, traveling, expenses etc. just want to know what some people would do in my situation or what to I can benefit from come tax season @Angelo LlamasI recommend that you find a real estate accountant to help you understand and prepare your taxes.Bigger Pockets is a great place to find a real estate tax accountant.
Andy S.
In New Jersey Should I list Property For Rent During Winter?
20 December 2024 | 18 replies
If they move out who cares, it's rental season and put someone new in.
Allison Park
Expectations of Investor Buyer's Agent
6 January 2025 | 15 replies
Unless you're a very seasoned investors, the value in committing to the right agent should be in their vast local market knowledge, expertise of their lane, transactional experience and so on.
Leah A.
Seller looking for wholesaler
27 December 2024 | 16 replies
I would at least start there and good timing to figure out a plan with spring slowly approaching and our busier sales season in WI.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
Rent out in the busy season.
Chirdeep Bhutani
Are Cap rates getting better?
20 December 2024 | 8 replies
And where you'll see cap rates go up is in the older assets and smaller markets.