Jeremy Sweeney
Advice for first step, late to the game.
22 August 2019 | 1 reply
Wholesaling is not as simple as advertised.
Nancy Mascorro
Best cash flowing states to invest
29 August 2019 | 12 replies
I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or loose money in any market.
Seth Fuller
Finding your fit in your business
21 August 2019 | 0 replies
Right now, I'm working a full/slightly more than full time job, doing much of the rehab work myself, managing the handymen that are helping me, purchasing the materials, setting up the bank accounts, managing the money, trying to figure out all of the paperwork for before advertising for a tenant, and listening to the podcast tell me "work your strengths and delegate your weaknesses" plus most everything else.
Jason Avila
Skipping out early on a one year lease
22 August 2019 | 7 replies
I would start advertising your rental to avoid any vacancy.
Faisal Ahmed
Looking for local attorney for Self Directed Retirement Plans LLC
22 August 2019 | 4 replies
Unlike just having a self-directed IRA which put restrictions on what you can do, the Self Directed Retirement Plans LLC structure allows you to perform maintenance on the property, advertise for renters, collect and deposit the rent checks, pay the real estate bills, etc.
Ben Walker
Syndication for the millennial investor
24 August 2019 | 7 replies
This is unless you will file under 506c in which case... go crazy advertising (with some obvious limits which your attorney can guide you on).
Bryce Kuhar
Billboard on Tax Foreclosed Property
24 August 2019 | 7 replies
From doing some research, I found the land under the billboard is leased by the advertising company Lamar and the billboard itself was erected by Lamar.
Account Closed
Realtors- You won’t read this...
28 October 2019 | 54 replies
It would be and advertising fee and not a commission which would violate license law in some states.
Ryan H.
Five year plan for Rental Passive Income with $50k/year savings
28 August 2019 | 14 replies
I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or loose money in any market.
Joseph Ret
How much do you save for tenant turnover?
26 August 2019 | 5 replies
@Joseph Ret - you should account for Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%) - that is lost rent during vacant period (while you still have to pay mortgage for the property and other expenses).You should also account for Make ready - the costs associated with making the unit ready for new tenants again, and that depends on the status of the property and how the old tenants leave and how good are you at Make Ready operations.You should also account for Mileage (and time, for driving to the property for make ready and showings), Advertising, Concessions (any free rent, work allowance or other lease concessions to be provided for the space and term in question - a temporary financial incentive used to induce the signing of a lease.