Galen Chu
Not renewing section 8 lease when its up
1 October 2024 | 2 replies
The tenant is paying their portion of the rent (the majority is coming from city) but the tenant has been difficult to deal with and I'd like to find an new tenant once their lease is up.
Max Lichtenstein
Off Market/ Market Deals
15 October 2024 | 8 replies
People may discuss selling their home with an agent before it’s time to put up a “for sale” sign.
Jon Zhou
Ashcroft capital: Additional 20% capital call
9 October 2024 | 312 replies
But you're leaving it up to luck, and luck isn't the best strategy.
Jake Jones
New to investing
10 October 2024 | 4 replies
I’ve done a lot of reading and listening to podcasts about investing but still have a ton to learn.
Rene Hosman
Exciting News for the BiggerPockets Community: RentRedi Shines on the 2024 Inc. 5000!
15 October 2024 | 5 replies
I know there are a ton of features I don't utilize personally, I mostly use it just for tenant application and screening process, and then for rent and fee collection In my personal experience here's my pros and consPros•Had a template for screening questions on the application so I didn't have to think of things to ask myself•Handles rent collection easily and for only a $1 fee to my tenants for ACH transfer which makes it easy for both parties•I can set up all rent and fees at the beginning of a lease term so it's set it and forget it for me•My tenants have said setting up auto-pay was easy and I like to make it as easy as possible for them to pay me!
Bora Moon
SF bay area -
17 October 2024 | 4 replies
The advantage to long term renters is the consistent cash flow, lower start-up cost.
Teahjsia Frazier
Looking to purchase next property
9 October 2024 | 8 replies
I am currently looking out to leverage my equity to expand.
Karen Smith
Key Qualities to Consider in a Borrower Before Offering Private Money Loans
11 October 2024 | 17 replies
There’s nothing to balance.
Melanie Baldridge
“How much will I save in taxes this year if I buy real estate?”
17 October 2024 | 1 reply
The more leverage (debt) that is applied to a property or deal, the more cost savings you will get up front relative to the equity you put in.Let's say you buy a $10 MM dollar deal that has $3 MM of year one depreciation.If you used $7m of bank debt and only $3m of equity, your year 1 deduction will equal the amount of money you put into the deal!