David Sam
Cost segregation study recommendations
26 December 2024 | 7 replies
For residential properties with a basis of less than $1.2 million, check out our online DIY Residential Cost Segregator.
William Burns
Detroit Housing Commission Section 8 System
18 December 2024 | 5 replies
3) It's been 5+ years since we've seen a S8 tenant lose their voucher for property damages, not paying their portion of the rent or utilities, or other lease violations (letting others move in with them).It's our opinion that #2 & #3 above are caused by overworked caseworkers not having the time to process the extra required paperwork, so they take the path of least resistance.4) S8 needs someone at the federal level to put more of the program online and streamline the process!
Alexander Dombeck
Advice On Commercial Real Estate Purchase - 1st Time Owner
19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
Kevin Luttrell
Property management company recommendations in OC
19 December 2024 | 2 replies
TrueDoor appears to have a great reputation online, I'll be giving them a call.
Divya Sosa
Tenant lied on rental application regarding criminal history
31 December 2024 | 9 replies
If your local municipality has an online court records, go to their website and look up both criminal and civil histories.
Audrey Sommer
How to Calculate 5-Year Rent Growth
31 December 2024 | 3 replies
If you want to understand 5-year outlook, I'd look for multifamily construction data in your area to understand what level of new units is and will be coming online in the near future.
Dan Grove
Looking for advise on finding private lenders
29 December 2024 | 13 replies
I’d suggest checking out real estate networking events (local or online) like REIAs or BiggerPockets.
Edward James smith
Still fairly new to investing
19 December 2024 | 5 replies
Documenting your journey online or engaging on LinkedIn can also help expand your network.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
But this was late 90s so way before on line stuff had taken off.
Eric Chappell
Has anyone use Rental Hero for bookkeeping?
16 December 2024 | 35 replies
Microsoft Excel, and most budget or free online bookkeeping isn't going to cut it in this situation.For the rental properties you own directly, I often tell clients and prospects that a P&L in Microsoft Excel is just fine and a balance sheet is not necessary for tax purposes.