Jonathan DiMuccio
House Hack Plan Feedback (Brooklyn Ny)
23 January 2024 | 2 replies
Additionally, your other expenses seem to be pulled from data aggregators like Zillow that aren't necessarily always accurate.
Jason Sung
Tax return cost: CPA vs Turbo Tax
24 January 2024 | 13 replies
I can say with certainty a firm like mine couldn't touch a $1,000 fee on any scope of work, we would be several multiples of that to sign up a new client.
Brian Leonard
How to invest with little to no available cash
23 January 2024 | 18 replies
They probably will give you an outrageous rate like 15% or something but it'll get you a dealHere are some numbers my business partner is currently working with PURCHASE PRICE: $360kARV: $650kREHAB COST: $120k ALL IN HARD MONEY LOAN $480k6 MONTHS INTEREST ONLY PAYMENTS AT 15% INTEREST = $6,000/MOORIGINATION FEE: $19K (this is the only thing he had to bring to the table)The rehab is most likely going to be $80-90K but he over shot and asked for $120K on purpose so that he can make the 6 payments from the rehab loanNET PROFIT (hopefully in 6-9 months) will be around $75KHard money lenders want to see that you have some kind of "skin in the game" so maybe tell your hard money lender you can only pay $10K and they might just charge you a higher interest rate.
Mazen Al Ashkar
Investing in Mexico, Puerto Vallarta
23 January 2024 | 11 replies
How has the Mexico government taxes and fees been for others?
Christopher Pray
Tenants resisting against using pm software
23 January 2024 | 14 replies
I would say ok to them, and tell them to ensure to mail rent on time or else the late fee will be religiously enforced since you can't track whether the check is in the mail or not.
Katherine Lewis
Ultimate List of Questions for Newbie's Before Buying Property
23 January 2024 | 43 replies
i have a few markets i'm keeping an eye on for STR but haven't pulled the trigger yet.
Marie Steward
House hacking strategy (NYC)
23 January 2024 | 7 replies
I suppose it's possible to pull off if you were to find a light cosmetic value add property where you could say take a property with extra square footage and add a bedroom or take a property with a bad layout and make it more functional over time, etc.
Luke Wendel
Bigger Pockets Calculator
24 January 2024 | 14 replies
Are you entering a management fee for a house hack?
Mary Patton
Structuring Profit Sharing
23 January 2024 | 8 replies
@Mary PattonWe structure out deals 50/50: 50% effort & 50% money.You can take fees and preferred returns before you split the profits 50/50.
Mike Boss
How to flip or BRRRR in Ohio?
24 January 2024 | 7 replies
For the appraisal at the end, the best you can do is have an agent pull comps for the property to give to the appraiser.