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7 January 2023 | 0 replies
RENTAL PROPERTIESThe first step in making rental income projections is to identify the rental market in which the property is located and consider the following factors when adjusting the future rental income: > Current rents > Caveats on rental increase and tenant removal > Market rents > Occupancy loss> Economic conditionsIt is important to remember that often the listed potential rents for properties may not be realized immediately and the future rates should be adjusted accordingly.HOSPITALITYHospitality is a cyclical and seasonal industry, making it difficult to accurately forecast long-term sales due to the ever-changing market environment.
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7 January 2023 | 11 replies
I know there are PM's on BP, especially self managing, that will disagree with having a grace period, but you remove a LOT of drama by having a clear 4 or 5 day grace period, not counting weekends and holidays, with a equally clear and meaningful late fee (within local law) that you consistently enforce on all tenants.
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27 March 2021 | 18 replies
So found a great investment house 34k purchase appraisal 115k. Problem is the home was owned by a hoarder who passed away in the home. Person was also not found for 12 days so body decayed inside the home. To add to ...
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7 September 2012 | 13 replies
I get calls from people who saw the ad on sites that I never heard of.The only problem is that when you remove the ad, it's slow to come off of those other sites.
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25 April 2018 | 125 replies
The day I went to look at it I was sitting talking to my realtor (she and her husband are old friends), while we talked we saw at least 3 other appointments show up to see the house (it is occupied).The house wouldn't come close to traditional financing, in fact getting any liability insurance until the pool is removed is a little challenging even for me.We are scheduled to close the 27th, but the bank still hasn't approved the short sale, so I know it will end up being approved or turned down until January,,and I am refusing to get the engineers report on the foundation (already have a quote) until it is approved.It is a hassle, but many times those are the best deals,,I had a short sale two years ago (not hubzu) that took over 3 months, but it is still one of my best deals.andy
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23 February 2013 | 6 replies
You do this to build your list.I have been doing this for the past 8 years, see:[links removed]I have just uncloaked and here to help with this websitey internet thingy think.Tell me how I can help y'all move forward.Here is my FIRST post: http://www.biggerpockets.com/forums/80/topics/73839-i-need-to-make-a-website-but-dont-know-howBlessings,Tevis
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10 April 2013 | 2 replies
I am not sure how to remove my wife from llc and what if any advantageous reasons there would be to leave her on. i have an EIN# already, would i need to apply for a new one if i change to single member?
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21 May 2019 | 23 replies
I removed all my free reports and in fact, I removed ALL fillers from the website and it is performing... probably better than most of you.This is what you do.
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7 May 2013 | 8 replies
No mention of things like lawn care, snow removal, trash, legal and accounting fees ...