Jamie Grossman
Hello BiggerPockets! New PRO here
25 September 2024 | 9 replies
A great way to start is by attending RE events and joining a local investors association.
John McCormack
South Florida RE Attorneys?
24 September 2024 | 4 replies
Wanted to know if anyone would be willing to recommend RE attorney in South Florida from West Palm Beach to Fort Lauderdale who has experience and would be able to assist with:- review and advise on current leases in place- company formations being that also licensed sales associate- review and advise on trusts- advice a preparation of private money lending docs- property management formation best practicesAs always, thanks much in advance to everyone for any light you can shed!
Charlene Livers
Risks in fix-and-flip
25 September 2024 | 7 replies
When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.
Gulliver R.
Lease agreement for Washington state
24 September 2024 | 7 replies
Landlord associations are another great source.
Patrick Shep
End of year tax strategies?
25 September 2024 | 7 replies
Reach out to a few and see who you like.You can also ask members of your local real estate investors association for real estate accountant recommendations.Good luck.
Becca F.
San Francisco Bay Area/NorCal Investors - let's help out our CA friends
27 September 2024 | 16 replies
I would like to get in but talking to the builder with their associated lender they say I would need at least 20% down and pay a higher apr since this is a second home.
John Micco
Difficult time finding insurance for a 3-family
24 September 2024 | 8 replies
John - I would check with Steadily (associated with Bigger Pockets).
Andy Johnson
Software and ACH Setup
24 September 2024 | 4 replies
They can deposit cash or checks at any ATM associated with our bank.
Floris V.
Midterm contract with construction company
24 September 2024 | 4 replies
You should use a state-specific lease that is clear regarding the start and end dates, the monthly rent, the fees that will be charged (ex. pets) and those that may be charged (ex late fee), the amount of the security deposit, and a clear list of rules associated with the property (no smoking inside is a big one as are rules related to parking).
Melissa Haworth
What features have you found boost your rental appeal, especially in off-peak months?
24 September 2024 | 9 replies
:) Do you charge your guests a fee to heat the pool (I have been seeing this more and more lately) or maybe build in the extra costs associated with heating it into your nightly rental costs?