Torrean Edwards
Stepping out on faith, but looking for support/advice
20 January 2025 | 18 replies
I will also be doing all the cosmetic things you can think of: paint, flooring, bathroom reno, kitchen reno, so I am open to carpenter or design suggestions.
Rachel H.
Unresponsive Tenants - Help!
4 January 2025 | 4 replies
But, for instance, I sent them a notice of rent increase effective February 1 and needed them to confirm that they have accepted the new payment terms through our electronic payment system, and even after repeated notices, they are not responding.
Otis Clayton
How do closing agents fund private money deals?
15 January 2025 | 15 replies
Retirement accounts are designed to be invested passively so when the IRS sees you running an active business in it, to level the playing field between retirement accounts and other business the retirement account incurs UBIT.
Tanya Maslach
Who pays - Landlord or tenant?
11 January 2025 | 15 replies
He looked at issue, confirmed there was nothing funtionally wrong with the disposal or its plumbing structure.We and the Plumber gave the tenant instructions on how to use an enzymatic solution he had, and that the plubmer told us it sometimes happens with grease and/or food that is left in the disposal.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
I have heard, but haven't confirmed, that these credits can sell for up to $100k per acre in places like nearby Seattle.
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.
Linda M.
Security deposit increase for NYC lease renewal
17 January 2025 | 3 replies
Should that reflect the new amount, and then I simply confirm via email to tenants the additional $100?
Joy Daniels
How Do You Stay on Top of Trends and Rules in Short-Term Rentals?
17 January 2025 | 10 replies
Hey @Joy Daniels, I read everything I can all the time.I read a few blogs that go over products and some design.
Patrick Wood
Investing seed money: what financial instrument to use as a bucket
14 January 2025 | 2 replies
You have confirmed the research I’ve already done.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
It doesn't list Stessa PRO so I just want to confirm.