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16 September 2024 | 2 replies
The bedrooms all got rented first month on market and total now is $5500 a month.
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15 September 2024 | 2 replies
I’m trying to get my first single or small multi family RE investment started.
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16 September 2024 | 3 replies
They end up wasting time showing property that their client won't have a chance of getting, and waste time writing up offers that won't get considered, and their buyer clients get their hopes up and then dashed.Consider pricing your listing at the middle, or slightly lower than middle, of what you think it should sell for....instead of pricing it drastically below what you think it will sell for.The market can change overnight sometimes.
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17 September 2024 | 6 replies
For our bookkeeping clients, as a placeholder, we usually do an 80 (building) / 20 (land) split until we have the correct figures from the county records (it takes some time for those to post sometimes) so their bookkeeping records show something we can refine later.It looks like you got some good insight from others too!
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13 September 2024 | 11 replies
The due on sale clause will be the biggest worry, even though it's uncommon for banks to enforce it, they have the opportunity to at any time.
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13 September 2024 | 8 replies
I'm a full time W2 worker opening an REI LLC and want to ensure maximizing tax benefits for investment expenses under the LLC.
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12 September 2024 | 9 replies
Long time listener of Bigger Pockets and this question is HAUNTING me so I jumped on here.
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16 September 2024 | 1 reply
If not, well you know the old saying, "the best time to get a lead paint certificate for your units was last year; the second best time is now".I've been told that the RI DOH may not start hitting people with fines for failure to register on October 1 as the law allows them to, due to the insufficient # of inspectors in the state to meet the demand.However, I've also been told that the other part of the law, the one that makes it so you cannot file for an eviction in RI without a current lead paint certificate, is expected to take effect sharply on October 1st.For anyone who hasn't submitted their properties/units to the new registry, I have a 15-page guide (with screenshots) that walks you through it.
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16 September 2024 | 9 replies
(Note: right now I am not considering STRs).1/ Columbus, OH2/ Tulsa, OK3/ Huntsville, ALFor additional context, my main goal is to invest in a market that allows me to cash flow AND build appreciation over time.
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13 September 2024 | 11 replies
It could make you money so that you could buy your first investment property.