Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Chris Sanchez Increase rent by $100 or charge $100 for internet?
27 December 2022 | 11 replies
One bonus about you paying the internet and owning the equipment is you can more easily add security cameras and/or a security system to the router/modem as the tenant won't be taking the modem/router when they move out as you will be owning that equipment. 
Brandon Moore-Johnson Spicewood Home Renovation
27 December 2022 | 0 replies
Use a construction contract to outline when work is to be completed and consequences if they are not met or bonuses if they are met.
Alan Taylor Questions on practices/protocol for closing in North Carolina
9 December 2022 | 12 replies
Our agent has used a stellar closing attorney shop in the past, but they were doing more than 100 closings in December (folks trying to cash in on 100% bonus depreciation?)
Garrett Jennings How can I do a rehab if I am getting seller financing?
27 December 2022 | 3 replies
I had thought this could be a win-win situation for both me and seller, however, I am not sure how I should plan on getting the funds to complete a rehab of the property.  
Stacey H. Which is better? Short-term v. long-term renter v. stock market
28 December 2022 | 3 replies
Real estate will win every time when you consider all the factors: cash flow, appreciation, tax write-offs, etc.My favorite book (if you can find it) is "The Unofficial Guide to Real Estate Investing" by Spencer Strauss.
Susan Grinde What questions are good to ask a potential lead when they call?
4 July 2018 | 11 replies
Utilities costs (Gas, Electric, Water) for the past 6 monthsThis part of your motivated seller questionnaire gives you the information with which you'll be able to decide whether the property needs a short sale, whether seller financing is an option, and how to structure a deal or an offer that can work for both you and the homeowner.You'll also need this information to properly market the house to your investment property buyers.If you're a new real estate investor, I hope you arm yourself with the information on this page to work out win-win-win solutions for your sellers, your buyers and yourself.Motivated Seller Questionnaire Red FlagsThe power of the motivated seller questionnaire is that it helps guide your interview process, and gives you a framework to make the screening as conversational as possible (In other words, it's a script, without the mechanical sounding words and phrases).It helps you in the 4 following ways: Avoid Outright deception by prospective property sellers Properly screen your inbound leads for seller motivation Helps screen out irritable, irrational, potentially psychotic people you should never, ever deal with Helps you build rapport with target ideal candidates Supplies information to help structure your dealsAvoiding Outright Deception I've had a property owner tell me "..All the house needs is less than $5,000 dollars in repairs, and it's ready..." on a house that clearly needed so much work ($35,000 to $40,000 dollars) that no buyer or agent had ever called him back.Better Motivated seller screening Being a successful real estate wholesaler is a matter of alignment.
Seb Ko Does a long term lease from previous year count to 7 day average?
3 January 2023 | 1 reply
To calculate the 7 day maximum STR requirement for bonus depreciation, do I include those 6 months from that lease as a single stay?
Roy Furbert Taxes doubled in one year
2 January 2023 | 3 replies
@Roy FurbertHappens all the time, you can file documents to fight it, sometimes you win sometimes you loseYour homeowners insurance is also going to be going up most likely as well
Anna Hummer First-TIme House Hacker Dallas TX
17 August 2020 | 11 replies
A home run would be cash flowing a house hack, but breaking even or paying significantly less is still a win
Wendy S. The Joys of being a Landlord
31 December 2022 | 9 replies
We also planned to pull carpet which got wet in a bonus room next to another bathroom that had to be repaired following a leak.