Fausto P.
Does taking on my father's property make sense as a first time investor?
21 October 2024 | 15 replies
Were all of the renovations you did in the past permitted correctly or DIY?
Imdad Rahman
How to Raise Capital for Real Estate Syndications?
23 October 2024 | 11 replies
A) while there are a lot of groups that have, what I consider, a primary initial backer, most "syndications" are raised in $50-100k installments.
Lily Wong
Electric Wall Heater vs HVAC
18 October 2024 | 2 replies
Hi BP,Just wanted to get thoughts on different heating options.I need to install a new heating system in one of my apartment units (approx 580 sqft) but wanted to get thoughts on whether an Electric Wall Heater was a good option?
Rehaan Khan
How to deal with a bad contractor?
21 October 2024 | 4 replies
Maybe you refinish the existing wood floors in the bedrooms rather than install new flooring.
Will Mejia
Solar panels for 3-unit rental property??
18 October 2024 | 7 replies
If a solar system cost you $20,000 to install, it would take 148 months (12 years) for you to break even ($20,000 / $135).
Devin James
Underground Plumbing Dug too Low Results in Thousands in Extra Costs
18 October 2024 | 4 replies
This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.
Lance Turner
LTR with an STR ADU
23 October 2024 | 28 replies
If you are into it I say DIY furniture but if you're not Goodwill or a local thrift shop is a great solution.
Kyle Pascual
What's the biggest obstacle for finding real estate friends?
17 October 2024 | 5 replies
But yes totally agree with @Jeff S. comment, and also there were some really cool DIY bigger pockets meetups (like the South LA Bigger Pockets meetup which moved to Facebook groups) that are full of other investors who are just looking to connect, and not sell you anything!!
Joe Scott
Tax return size --- an audit flag?
18 October 2024 | 8 replies
Hey Joe, Having a large number of rental properties and installment sales can certainly make your tax return voluminous, but as long as you're maintaining accurate records, filing everything correctly, and reporting all income, the size of your return itself is not necessarily an audit trigger.
Cedric Skeen
Project(job) request via section 8 tenant
19 October 2024 | 6 replies
@Cedric Skeen a tenant who is demanding hardwood floors be installed where I don’t want them is a big no.