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+)
Dan V. Will you buy a duplex with multiple fire damage?
8 March 2019 | 4 replies
Get a good contractor and factor in permits (the city knows it has had a fire) proper remediation and rehab. 
Scott V. We're told to skip small deals and start big. What about lending?
16 March 2019 | 53 replies
Unfortunately, there are too many medical professionals that are broke because they haven't properly managed their money and assets over time. 
Quzandor Headen How to become an investor with student loans
11 November 2019 | 2 replies
Are there any tips/tricks to get into real estate with high loan balances and credit card debt?
Reagen Natho First time STR Investor/Manager in Sevierville/Pigeon Forge
11 July 2019 | 18 replies
I have systems for cleaning, staging, quarterly/annual maintenance, inventory checks through Properly
Daniel Reyes Outsourced Property Accounting
23 August 2021 | 23 replies
They might not code the expenses properly or do not know how to maximize profit and have to constantly rely on a CPA.
Robert T. First Duplex- debating options in finance and LLC
8 March 2019 | 14 replies
No one that has given you proper advice is "thick". 
Thyra Dixon How do you run your rentals from a banking & entity POV?
7 March 2019 | 2 replies
Thrya,Congrats, let me know if you need any assistance for the accounting aspect.First, put each property in its own LLC and open a bank account for each LLC.You do not need to create an LLC for Property Management, you can, but it's not necessary.You need to make sure you have the proper Chart of Accounts such as Assets, Liability, CapEx, OpEx, G&A Exp, and Equity.Chances are you will be putting the majority of the expenses under CapEx since you're renovating, once it becomes rental, the expenses will be OpEx.
Chris Grebeldinger Financing for Canadian investors?
15 November 2019 | 11 replies
You can have credit cards, residence, phone lines, etc. for years with no lates or defaults but still no credit score.Unfortunately @Mike Lambert is correct that while there are Canadian banks that do provide loans for US investing, they come with significant limitations.
Sanjay Christopher Plumbing issue after moving in to the newly bought property
7 March 2019 | 1 reply
The entire drainage system isn't functioning properly and it causes some staggering in the bathtub.
Paul Dworianyn Need advise on how to get out of this property
7 March 2019 | 4 replies
These are the house stats: ¼ Acre LotCity Water and SewerFull Basement1500 Square FeetOpen concept living roomFinished will have 2 full baths, 3 bedroomsFinished bonus room in basement Was used as a bedroom but doesn’t have the proper egressFenced in backyardCan lighting in all bedrooms, living room, and kitchenNo garage, paved driveway fits 4 medium sized carsSquare Footage:Basement: 938 sfIst Floor: 844 sf2nd Floor: 533 sfFinalizing the Flip would require: Mounting and finishing drywall on first and second floorFinishing the partially roughed in bathroom on first floor Water supplies are ready just under the floorboardsSewer outlet is just under bathroom, PVC drains need to be roughed inElectrical wire is run from the panel to bathroom fan, lighting, and outletBathroom fan/light is installed, needs duct added to vent outsideNeeds greenboard drywall, flooring, toilet, vanity, shower/tub surround4 doors for first floor bathrooms and three bedrooms4 closet doors, 1 for first floor coat closet, and 3 for bedroom closetsFirst floor bedroom Subfloor replacement in first floor bedroom (some original floor boards are weak)Connection of electrical outlets - conduit roughed in but needs to be connected to panelDrywall mounted, finished, and painted throughoutFlooring throughout except for kitchen, I suggest tile in front entryway into first floor bathroom, laminate in open concept living room up to the kitchen, carpet the rest.Minor drywall patching and painting in Kitchen and basement bathroomTrim/baseboards installed and painted around all doors, bottom of drywall, and windowsProper railing for both stairwaysPower wash sidingMinor landscaping, just needs some mulch in beds and some minor weeding in flower beds.Two fence panels replaced in back yardBasement bathroom needs minor touch-ups on grout and caulking Other issues that may need addressing or could just be disclosed upon sale: Two minor basement leaks only when there is a TON of rain, otherwise basement is dryWarped siding in backyard where grill used to be, could be replacedSmall area of cracked siding on front of house at end of drivewayDriveway isn’t in the best condition, some patching may make it look betterAll work done on house has not been permitted except for siding and roofPlumbing Ventilation isn’t 100% to code and may come up in an inspection Side notes: When I lived there, people didn’t believe my address was real when getting deliveries because of the marijuana culture around the number 420 and the street name of Highmoor, maybe there is play here selling to someone that is into that stuff?