Robert Lopez
Labor Cost? Did I pay too much?
31 July 2024 | 13 replies
Ready for stucco as well.I’m installing drywall this weekend Inspect for Monday and finish from there, then final.as far as that goes with plans, permit, engineering, and this scope of work so far I’m into the ADU $25,000This is for a 20 x 19 2-car garage conversion.380 ft.².Let me know what you guys think.Thank you for your time!
Lawrence Bland
Re-entering the Game: From Mortgage Broker to Multifamily Investor!
5 August 2024 | 16 replies
Now, the fire's burning bright again, and this time, my sights are set on multifamily investing!
Alexander Davila
Hello BiggerPockets! New PRO here
1 August 2024 | 10 replies
I also have experience with retail, both my wife and I started and used to run a clothing shop while we both were busy (me with my company and she with a corporate job), for around 5 years before we decided to sell it.
James McGovern
Does this type of mortgage product exist?
5 August 2024 | 12 replies
Trying to eliminate the time lag.
Kelii K.
Short Term Rentals for vacation markets outside of NYC
5 August 2024 | 14 replies
This has caused at least 3 major problems: 1) the market is now oversaturated with Airbnbs, 2) rental rates have come down bc of so much competition, 3) there's a dire shortage of workers available to service the huge increase in the # of Airbnbs.Wait times are often a month or longer for service providers.
Bob Asad
How to Calculate if Duplex or SFH Has Positive Cash Flow?
6 August 2024 | 8 replies
However if this is an appreciating market, although your monthly cash flow might be neutral or negative, you may over time actually have what we consider phantom cash flow, which is gained through appreciation and tax benefits. in most cases, if you need true “cash flow” use the simple one percent rule.
Paul Novak
401K Investment Feedback
1 August 2024 | 4 replies
This is the standard advice: put your money into these retirement accounts and let it grow into a big pile of money by the time you retire.But think about it—this approach is flawed.
Carl Rowles
Screen Existing Tenants?
5 August 2024 | 3 replies
In my experience land lords who have that length of tenant and they can show rent rolls of payments on time are ok with sub market rents because the tenant is so "easy".
Patrick Idowu
Tenant couples requested rider agreement to lease.
5 August 2024 | 21 replies
If they are not able or willing to honor their commitment to pay the full rent amount, it's time to start negotiating a mutual termination agreement, cash for keys, or eviction.
Tony Tanios
selling multifamily property
5 August 2024 | 4 replies
As others have said, a veteran multifamily agent is going to save you a ton of time and headache, while also possibly saving or making you more money.