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11 January 2016 | 20 replies
@Rick Santasierean alternative to lease with option is a lease with ROFR (right of first refusal)Search on BiggerPockets
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20 January 2016 | 28 replies
I just wanted to clarify as there is possibly some misunderstanding: the quotes I was given were obtained by the current owner, and are not 2 alternatives, but 2 requirements.So $22k to repair the foundation PLUS $130k for the inside of the 1350 sf unit and some inside and outside crack repairs on the rest of the building and the rest of the units.I will definitely get my own quotes if I choose to proceed.
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20 January 2016 | 36 replies
If you decide on being in the proximity of Honolulu you should have many alternatives.
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15 January 2016 | 8 replies
Hello Bigger Pockets Family,My father’s truck is the reason why I joined bigger pockets.
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12 January 2016 | 8 replies
It also shows a good team mentality when I take off my nice shirt, grab my tool bags out of the truck (the tool bags are ALWAYS in the truck) and jump in the trenches with my team.
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15 November 2016 | 10 replies
Unfortunately, there's a lot of misinformation floating around about lease options, and even land contracts, which sounds like a good alternative solution, but it may depend on the state.
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12 November 2015 | 9 replies
I did it with a new truck when I started by the book (with a calendar) until it was fully depreciated, but today for me on just a few rentals, the recording keeping costs would outweigh the deduction and inconvenience (so I have left off vehicle expense and no vehicle depreciation last few years) but sounds like you may be using your car more and could be worth the time to be bullet proof....There is a potential gap in the reality and rules for me (see my mixed use life below), but if you have an inclination to track miles and purposes and facts closely, it is a nice potential deduction (and what your vehicle has on the dash board is not enough, but some of the apps, like a mileage IQ, could have potential but even those may not be adequate until full tested/vetted in my view, but tech is promising and they make some strong claim...).
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12 November 2015 | 55 replies
Does anyone really want a tenant that calls the drain guy that charges $35 as advertised on his truck?
13 November 2015 | 3 replies
Cash or terms, where the terms could be several alternative deal structures.Brian is the master at teaching negotiation skills, BTW.
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12 November 2015 | 8 replies
They showed up at his house and shot him point blank when he opened the door--so please be careful, use alternate addresses on your leases and corporate paperwork, never say your the "owner" of the house to tenants, just that you're just a hired manager, etc.)Most states have an "apartment association" (for landlords big and small).