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Results (10,000+)
Jared Fisher Zillow Rental Manager Background Screening Results
27 December 2024 | 4 replies
It's difficult to see how a tenant will be after screened and signing a lease.
Katie Southard Selling Rental before Cap Gains Timeline
8 January 2025 | 10 replies
Moved July 31 2023Renters lease expires 2/2025Must have lived 2 of last 5 to avoid cap gains if sold.I’d rather not sign a new lease and go month to month but they’ll push for it.
Stephanie Menard Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
I did add a clause about personal property and plan to go through the inventory with the new tenant, who will sign upon moving in.
Ethan Slater New Member Joining BiggerPockets
4 January 2025 | 14 replies
I am super honored and grateful to have been selected by the Air Force to attend orthodontic residency.
Gabriella Pellolio 1st Property - Built Equity, What’s Next Step?
3 January 2025 | 7 replies
If the signs point to selling, consult your CPA about the tax implications.
Jonathan Cubeta Tenant screening
27 December 2024 | 12 replies
I know some landlord's show up with something for them to sign or fill out that they previously (on purpose) forgot to give them, but you could also just be upfront and say a visit is part of your screening process - you check the condition of the rooms to see how the unit is being taken care of.
Michelle Gonzalez Are tenants hacking Zillow's credit score tool?
27 December 2024 | 4 replies
It's difficult to see how a tenant will be after screened and signing a lease.
Samuel Gebretnsae Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
I understand the seller wants to move froward, but if they are not willing to give you information on the asset that you're purchasing, that is certainly not a good sign
Sebastian Albors New and Looking to Make First Real Estate Purchase
25 December 2024 | 8 replies
My suggestion would be to select someone with the most forum posts or most reviews.
Tove Fox Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.