![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3118526/small_1728943040-avatar-reeti.jpg?twic=v1/output=image&v=2)
29 December 2024 | 11 replies
- Are there specific tools, resources, or methods you use to simplify the regulation process?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9011/small_1621348727-avatar-jgonzalez.jpg?twic=v1/output=image&v=2)
31 December 2024 | 0 replies
These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2023625/small_1694600393-avatar-kars1.jpg?twic=v1/output=image&v=2)
4 January 2025 | 5 replies
These policies cover the structure and additional liabilities related to your property that the tenant’s insurance doesn’t.Rod, are you sure about this?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3161499/small_1735323101-avatar-lennym22.jpg?twic=v1/output=image&v=2)
3 January 2025 | 26 replies
Any recommendation for the first steps I should take if I want to purchase my first rental property using the BRRRR method (or flipping).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3160499/small_1735004615-avatar-gregoryf103.jpg?twic=v1/output=image&v=2)
6 January 2025 | 5 replies
Was looking to save where possible in this market but the method I proposed is not worth the consequences. looks like 20% down it is!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2218316/small_1641780267-avatar-derekh209.jpg?twic=v1/output=image&v=2)
3 January 2025 | 3 replies
To structure a partnership, consider forming an LLC where you handle property management, renovations, and operations, while the investor provides the down payment.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/102948/small_1694565933-avatar-klatchers.jpg?twic=v1/output=image&v=2)
9 January 2025 | 59 replies
I use their payment method and they deposit into my account and it's very simple.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164479/small_1736194229-avatar-jorget76.jpg?twic=v1/output=image&v=2)
6 January 2025 | 2 replies
I joined this forum to connect with others, learn from those who’ve been in my shoes, and maybe even find people to partner with in the future.If you’ve got any tips, especially around raising capital or structuring your first deal, I’d love to hear them!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/146217/small_1631650391-avatar-jameswise.jpg?twic=v1/output=image&v=2)
23 January 2025 | 165 replies
It was made out of concrete block and it burned to the ground, along with a lot of other concrete and brick structures.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3049918/small_1731094448-avatar-frankp228.jpg?twic=v1/output=image&v=2)
11 January 2025 | 13 replies
If so, the 1007 will provide a rental income estimate that could be used to structure the loan as a long-term rental rather than a short-term rental.