
19 November 2024 | 19 replies
It's worth reaching out to Corporate Housing Groups (most HR Departments at large employers have this division as well as Relocation Companies that you can find via an internet search) to offer your property as a 30-day furnished rental.

21 November 2024 | 39 replies
Bifurcating the asset and operation, putting the wealth behind an "iron curtain" and arranging the public facing side of things in a manner where it is a conveyor belt of throw-away entities with little to no value stored themself, IS a viable approach.

18 November 2024 | 35 replies
Or repair if they renew lease.2) You are NOT required to remove & store them if a tenant has their own appliances. - Just be careful with this one as we once had a tenant store stove/fridge outside in the yard - during the winter -- so they were ruined.

18 November 2024 | 14 replies
We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenants possible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of another applicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then taking several days to submit.

13 November 2024 | 1 reply
After 99 Cents Only filed for bankruptcy in April 2024, 28 stores in Phoenix closed, leaving 632,900 square feet of prime retail space available.

18 November 2024 | 12 replies
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

14 November 2024 | 8 replies
Did the close out store not have enough of a single color?

14 November 2024 | 4 replies
Whatever is stored on the shelves will mostly cover it.If it's no longer used, you could remove it completely.

13 November 2024 | 7 replies
So be careful and make sure you interview the Expediter and that they have had success in obtaining the Letter of No Objection.As far as evidence that you need to gather, look up your buildings TAX Class.You will find it here: Building Information SearchHere you will see something that looks like this:NOTE that while this is a Dept of Buildings Web Portal, what I have circled in RED is the Department of FINANCE Building Classification.You may not have a CofO, but the Dept of Finance maybe taxing you as a 2 Family.

14 November 2024 | 4 replies
RE is a get rich slow game and there are increasing number of people talking about how difficult it is to retire from your day job even with large numbers of rentals because cash flow is thin.On the one hand there is the Small But Mighty portfolio mentality which I believe is a book in the BP store by Chad Carson.