![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/141384/small_1694556709-avatar-olguy.jpg?twic=v1/output=image&v=2)
30 October 2024 | 35 replies
Despite the challenges, many investors see the potential for capital gains as outweighing the operational complexities.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2304418/small_1694731254-avatar-danm551.jpg?twic=v1/output=image&v=2)
24 October 2024 | 5 replies
If you need more features like automation and advanced reporting, the starter plan is $10.99 per user per month, and there’s an advanced plan at $24.99 per user per month for more complex needs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
23 October 2024 | 6 replies
(An exception is if you own 5% of the company you work for)Agree, this is a great summary post on REPS with core concepts on how to qualify. .I think the complexity comes in when people have edge cases - it becomes difficult to write a simple short post that educates everyone.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3120109/small_1726533157-avatar-tashas28.jpg?twic=v1/output=image&v=2)
24 October 2024 | 5 replies
Common expenses include:- Attorney Fees: Legal assistance for reviewing contracts and ensuring compliance can vary based on the complexity of your deal.- Title Insurance: Protects against potential disputes over property ownership.- Appraisal Fees: Necessary to determine the property’s market value.- Closing Costs: This can include various fees related to finalizing the loan, such as recording fees and settlement costs.Inspection Fees: If required, this ensures the property is in good condition before purchase.It’s a good idea to discuss these potential costs with your lender upfront to get a clearer picture of what to expect.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3133570/small_1728773005-avatar-marliee.jpg?twic=v1/output=image&v=2)
22 October 2024 | 8 replies
It sounds possibly complex.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1020972/small_1694570672-avatar-suhaibr.jpg?twic=v1/output=image&v=2)
24 October 2024 | 6 replies
It is quite complex and heavily manual and opinionative (a lot of decision comes from intuition).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2981267/small_1711401805-avatar-jeremyb572.jpg?twic=v1/output=image&v=2)
23 October 2024 | 0 replies
Purchase price: $2,800,000 Cash invested: $10,000 Sale price: $2,900,000 Got in touch with the sellers of a 20 unit apartment complex and Logan.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/220313/small_1621434165-avatar-shaunhunt.jpg?twic=v1/output=image&v=2)
23 October 2024 | 6 replies
However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2840403/small_1695142218-avatar-kylep363.jpg?twic=v1/output=image&v=2)
25 October 2024 | 8 replies
To pencil out whether a deal is good I work at a high level and have maybe a 15-25 tasks and to actually manage the work once I buy a property I might have a a couple hundred tasks depending on the complexity of the job.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/660122/small_1716727798-avatar-gregschwartz.jpg?twic=v1/output=image&v=2)
23 October 2024 | 1 reply
While that’s appealing, the added complexity with tenant turnover, varying personalities, and managing shared spaces can make it a bit of a trade-off.I’m curious, how does it look in other markets?