Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Four properties provide diversification, greater potential for appreciation, higher aggregate depreciation deductions, and increased cash flow over time but involve more management complexity and higher leverage risk.

I’ve been involved in lending for a while and know that financing can sometimes be a bottleneck.

I am so excited to be more involved on the BiggerPockets site.

There are a high number of CPA firms that do not want to get involved outside of the FYI to their clients, and some state boards are saying that a CPA advising related to this registration is an "unlicensed practice of law" given it is not under Title 26 - income taxes - the only place where CPAs and EAs are specifically authorized to interpret law. 

I just got done with my required annual commission update for 2024 (I know I’m a slacker, I waited until the very end of the year lol) and the teacher of the class said that a high percentage of the number of agents who had their licenses revoked in 2024 were the result of being involved in subject to transactions that went sideways.

Likewise, if the rents appraise lower on the 1007, most lenders will use the highest of the lease agreement or 1007 as long as there is no more than a 25% variance.

She didn’t even have to get involved with tenant issues, which is a win in my book.But here’s the flip side:Not all property managers are created equal.

Are you involved in the tenant placement process?

If you are a general contractor managing the entire project, you need a general contractor’s license, particularly for projects involving permits.Lien WaiverA lien waiver is a legal document signed by your contractor to waive their right to file a lien against your property after they have been paid for their work.