Cynthia Leite
Scope of work (SOW)
31 October 2024 | 4 replies
@Cynthia Leite Not sure how to attach a file here so I just sent it that way, let me know if you'd like to have it via email.
Justin Ruholl
1st Rental- 3 Year Update
27 October 2024 | 2 replies
I wanted to share the financials after 3 years, and demonstrate what three years of real estate investing can achiev3 Bed/1 Ba Single Family Pro-Forma:Year 1 (2021)Income:Rent: $1,200.00Expenses:Mortgage: $509.95Taxes: $119.10Insurance: $43.84Cap Ex: $60Repairs/Maintenance: $60Vacancy: $60Monthly Cashflow:$347.11/mo or $4,165.32/yrYear 3 (2024)Income:Rent: $1,300.00Additional Pet Rent: $75Expenses:Mortgage: $509.95Taxes: $155.43Insurance: $53.03Cap Ex: $68.75Repairs/Maintenance: $68.75Vacancy: $58.75Monthly Cashflow:$450/mo or $5,400/yr (Total/Not 50/50 %)Total Equity: $37,473.88-Principal Equity: $7,959.62I have learned a lot about the systems needed in place to run a rental property, and how important picking the right tenant is.
Zac Kucharek
Starting LLC questions - 1 or 2 member LLC
27 October 2024 | 13 replies
My LLC is already created and I am filing for the EIN and was held up on this 1 or 2 member step for these reasoning.
Eboni Crenshaw
Houston Wholesaling & Cash Buyers
28 October 2024 | 14 replies
Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul
Eddie Miretsky
New to REI, looking for support in starting out within the New England area.
30 October 2024 | 7 replies
It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.
Emilie Pa
Which professional to contact for transfer of property
29 October 2024 | 6 replies
While you could file the deed yourself, an escrow company can help manage the process efficiently.
Tony Carrozzino
SFH Zoning for MFH Property
27 October 2024 | 1 reply
Hi Tony:The best way to handle is to visit the city planning department which zoning is usually part of to see if a variance is granted, and examine the plans filed.
Neil Narayan
Big expansion on tap for Tesla gigafactory near Austin
28 October 2024 | 0 replies
Tesla Inc. appears to be on the verge of a major expansion of its huge factory in eastern Travis County, with recent filings indicating the Elon Musk-led company intends to add 5 million square feet to it — a 50% increase from its current size of 10 million square feet.
David Cherkowsky
Increasing Loan Amount When Refinancing
28 October 2024 | 6 replies
As pointed out, the loan fees and such are usually rolled into the loan meaning you are paying interest on more than just the principal of your home at that point.
Alex Stariha
Property Management Software
30 October 2024 | 13 replies
I will most likely purchase the 1099 e-Filing add-on but that's only $25 per batch.