Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
If you give contractors a prize for finishing early on time, they will finish then to get the prize, but there is plenty that can be left undone without you knowing that will harm you later.
Reginald Cruz
Buyers in Mulberry, FL and/or Dunedin, FL
26 January 2025 | 3 replies
We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.
David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
Many lenders also impose additional requirements such as owner-occupancy, and/or that one lender make all of the institutional loans in the building.- Valuation: The variety of financing products available as individual tenant in common loans remains limited, and the terms are generally less favorable than either apartment building loans or condominium loans.
Kris Lou
PM Fees in Indy
30 January 2025 | 6 replies
When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.
Sam M.
Agent commission and making an offer
30 January 2025 | 5 replies
You pay your agent at closing (think of it as an additional closing cost) Depending of the situation and of these options can be used by you and your agent to negotiate with the seller.
Chan Park
Plumbing Issue - Landlord's vs. Tenant's expense
29 January 2025 | 14 replies
You should always require them to add you to their policy as "additional insured" or "additional interest" and you will be notified if they cancel or change their policy.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.
Philip Levi
Cost Segregation Study
30 January 2025 | 4 replies
Here's an article with additional FAQs on cost segregation studies that you may find helpful.
Mike Weigel
Introduction to Bigger Pockets from Austin, TX
30 January 2025 | 5 replies
It sounds like you’ve got a solid foundation with your rental property, and I love the ambition behind your plans to build a property management and maintenance company—it’s a great way to take control of your investments while creating additional opportunities.Best of luck to you!