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25 June 2021 | 11 replies
Maintenance,preventive maintenance has caught my attention.Although I can't become specialized in all of them (it requires continous learning) ,what I learn I implement at my job .My daily chores are:-repairs (light electrical work,light plumbing work, patching the flat roof,drywall repairs,sheetrock repairs,etc)-maintenance (painting, cleaning,light labdscaping)-preventive maintenance on pumps,tanks,gears that are vital to the daily property operations-find ways to increase heating efficiency and lower the cost at the same time-find ways to lower water consumption in the building and energy (electric and gas) consumption-increase the buildings occupants comfort-increase the NOI for the landlord-collect the rent-resolve tenants issues-basic inspection (I look for air leaks, gas leaks,water leaks) (of course a property inspector has much more skill in doind that than me)All of that brings me joy in my life, but it doesn't bring a high income (because I don't have a specialized skill)So I would love to find a way to acquire a property and put my skills into my properties.Thank you for answering, John
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19 May 2021 | 2 replies
We had a missing link: an agent that could help our clients acquire more properties under our same company.
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18 May 2021 | 10 replies
Unfortunately he missed 3 months and barely made payments the other months.
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18 May 2021 | 6 replies
The tenants that moved in are very respectful and kind.The tenants are requesting I provide them with a small amount of paint to touch up any spots that were missed during the renovation.
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21 May 2021 | 6 replies
I'm not sure how much knowledge you have on acquiring property but since your reaching out on BP I'm sure you have appropriate knowledge.A major aspect that you are missing however is the cash!
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25 May 2021 | 3 replies
Also, if I end up transferring it to an LLC a 1031 exchange would work after I build up equity or am I missing something?
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18 May 2021 | 5 replies
I didn't see a similar question on BiggerPockets, but maybe I just missed it.I don't want to hijack my own thread, but I'll add that I do plan to consult a CPA or tax expert, I am looking for a tax expert, and I will likely work with a tax expert going forward.
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19 May 2021 | 10 replies
If any of it was missing (references, pay stubs, bank statements, ID, whatever), they would not take it or charge the application fee to run credit etc.
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18 May 2021 | 1 reply
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