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Results (10,000+)
Austin Kuhnle Seller Finance question regarding closing costs?
6 January 2023 | 4 replies
If you pay the closing costs and commissions your offer is more attractive since the seller will net more.
Sebastian Giraldo We had a guest squatter in our vacation rental!
5 July 2020 | 18 replies
We made our screening process more flexible, which did not require the guest to sign a rental agreement before their check-in.At one instance there was a lady interested in one of our properties, which later became a booking.
Cameron Riley Raising Rent Based On A High Amount Of Applicants?
12 January 2023 | 10 replies
Than we processed all the application and lady luck was with us, none of them past our screening process.
Sterling Stroud Most desirable housing for desirable tenants
11 January 2023 | 2 replies
The demographic in my area that I prefer to attract would be college students as I am a recent grad and would like to help them out with reasonable housing prices as long as it is somewhat affordable for myself as well.
Landon Fillmore Does increasing the NOI on my small-multifamily increase value?
11 January 2023 | 4 replies
100% - you may not attract many value-add buyers, but turnkey guys would be interested in the highest possible NOI.
Luke J Nelsen Best STR market for cash flow?
3 February 2021 | 5 replies
Mountains, Lake Front, River Front, Ocean Front, close to major attractions such as Disney.Pigeon Forge, Ocean front in Carolinas and Florida
Account Closed Do your cleaners issue you an invoice?
18 January 2018 | 21 replies
Hello BP Community,Our cleaning lady did up until her fees were getting close to $600 and I informed her that once we've paid her more than $600 YTD we will need to generate a 1099 as QuickBooks alerted us to the fact. 
Katie Bustos Choosing rental location
2 May 2022 | 19 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
Nik Gernhard SHST, De Minimis, Routine Maintenance Safe Harbors
26 April 2022 | 0 replies
I view deductions as far more attractive as they are all taken in one year vs. over time and because eventually depreciation will be recaptured (unless you 1031 forever)...so it's really not a tax break. 
Timothy Davis (New) to Multifamily Investing
9 January 2023 | 21 replies
Apartment buildings are a more advanced (and often higher-stakes) strategy than single fam/small multi-fam, so it's a good idea to get some REI experience before jumping into apartments.Not only will the experience of operating a smaller property be absolutely critical in helping you eventually manage a larger property, but that experience will also make you more attractive to potential investors or partners--if you decide to go down that road....and, as others have mentioned, study up on all the resources (podcasts, articles, youtube videos, etc.) related to whatever investing strategy you're pursuing, and start attending your local REIA meetings.