Monish Anand
How to find the best Real Estate Agent
10 January 2025 | 13 replies
Since they are responsible for maintaining the relationship with you after the transaction closes, this approach adds an extra layer of confidence and security to your investment.
Ryan Brown
Tenant blasting music all night
26 January 2025 | 24 replies
If they are problematic, let them know you can report them to Section 8 and they may lose their voucher.Learn your rights and responsibilities as a landlord.
Adam Ross
Property manager recommendations
24 December 2024 | 3 replies
@Adam RossRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Julio Gonzalez
Cost Segregation FAQ
31 December 2024 | 3 replies
The IRS defines a “quality” cost segregation study as “a study that is both accurate and well documented with regard to” 1) the classification of property into classes, 2) Explanation of rationale for the classification of the property and 3) substantiation of the cost basis of each asset and reconciliation of the total allocated costs to total actual costs.
Steven Catudal
Investing in Alabama as out of state investor with a partner
15 January 2025 | 12 replies
Just make sure you draft an operating agreement that outlines responsibilities and expectations.For financing, and if you choose to go through an LLC, DSCR loans will be a great tool.
Phillip Austin
Should I fire one of my owners?
3 January 2025 | 8 replies
I would explain to them your process of handling requests, response times, property inspections, and so on.
Megan Herrington
CPA Recommendation in ID
2 January 2025 | 6 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
The way you worded your response sounds like after you analyze a market and decide you want to invest you will buy ANY property within that market without having to think about it.
Marc Shin
new STR just went live - how do i get reviews?
2 January 2025 | 13 replies
Stay responsive and make sure guests feel valued.