Kyle Jacques
Looking for guidance on STR
24 October 2024 | 36 replies
We kind of stumbled into it and keep stumbling as we go but not having a plan or framework for business is a major concern.
Jackie Liu
Concerns about Prospect's employment
11 October 2024 | 8 replies
Hello BP members, I have a prospect who has applied for rent for one of my SFR rental but during my processing of the applicant. I found the new job the prospect was hired for (Provided me with a job letter stating th...
Aristotle Kumpis
3D Printed Homes - Thoughts?
16 October 2024 | 3 replies
From what I remember, they addressed all concerns such as insulation, insuring them, or anything else that might come up without relative problems.
Brandon Gale
How do you handle unreasonable reviews?
18 October 2024 | 29 replies
We have a note in property stating for guests to contact us within first 24 hours should there be any concerns.
Caleb L.
Is it legal to bird dog in Texas without a license?
16 October 2024 | 17 replies
(vii) would seem to indicate that you'd be acting as an unlicensed broker.(1) "Broker":(A) means a person who, in exchange for a commission or other valuable consideration or with the expectation of receiving a commission or other valuable consideration, performs for another person one of the following acts:(i) sells, exchanges, purchases, or leases real estate;(ii) offers to sell, exchange, purchase, or lease real estate;(iii) negotiates or attempts to negotiate the listing, sale, exchange, purchase, or lease of real estate;(iv) lists or offers, attempts, or agrees to list real estate for sale, lease, or exchange;(v) auctions or offers, attempts, or agrees to auction real estate;(vi) deals in options on real estate, including a lease to purchase or buying, selling, or offering to buy or sell options on real estate;(vii) aids or offers or attempts to aid in locating or obtaining real estate for purchase or lease;(viii) procures or assists in procuring a prospect to effect the sale, exchange, or lease of real estate;(ix) procures or assists in procuring property to effect the sale, exchange, or lease of real estate;(x) controls the acceptance or deposit of rent from a resident of a single-family residential real property unit;(xi) provides a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:(a) is not referred to as an appraisal;(b) is provided in the ordinary course of the person's business; and(c) is related to the actual or potential management, acquisition, disposition, or encumbrance of an interest in real property; or(xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale; and
David A.
Are we biting off more than we can chew for out first BRRRR? Any tips?
16 October 2024 | 10 replies
Also to note my brother is a journeyman plumber who is willing to help on any plumbing repairs should they come up.Financial ConsiderationsThe numbers look good using the BiggerPockets calculator, but I have concerns about our ability to pull off a BRRRR strategy due to cash reserves and DTI constraints.
Roberto Rohann
Buying a home with unpermitted work (bathrooms etc)
17 October 2024 | 4 replies
You can:* accept as is (or ask for credits)* demand the seller fixes it and gets town sign off* demand the seller rips it out (e.g. an illegally finished basement)In theory, these changes should be grandfathered in and aside from legitimate safety concerns (e.g.
Joe Scott
Tax return size --- an audit flag?
18 October 2024 | 8 replies
With solid records and compliance, there’s little reason to be overly concerned about the size of the return.
Mitchell Hein
New AC unit
10 October 2024 | 25 replies
I don't know a ton about AC systems, those were just what the AC company I normally used gave me as options.
Rick Baggenstoss
Tax Deed in Atlanta question
20 October 2024 | 32 replies
Since the potential properties can be removed from the list in last min, my major concern is when i fly in, the properties i'd liketo bid on could be already invalid from the list at auction.