Nadia Daggett
Corporate Rental Flipping
5 February 2024 | 2 replies
Although the property was a great income source, the high sales price made it compelling to sell.
Gayle Eisner
Questions about hiring a CPA
4 February 2024 | 11 replies
I think it is the type of mistake that is made and how the accountant deals with you bringing the issue to him/her.I think the accountant should be doing atleast a bring overview of the documents / information that you provide.At the very least, when clients bring me their Profit and Loss, I try to see that they have the typical expenses that I would see for real estate investors and to see if the numbers make sense.
Bryan H.
Best way to tenant proof a house. (fixtures, appliances, surfaces etc.)
6 February 2024 | 32 replies
Something I learned - I used to use less expensive LVP - but those are coated with laminate and still have cores made of different materials that are not waterproof and can get damaged, which of course, I learned the hard way.
Kevin Mansfield
South Philly Granny Special
5 February 2024 | 4 replies
Also make sure you are ready to spend more money than the actual cost of the estimate, change orders and unexpected problems always happen in rehabs.Best of luck!!
Craig James Conrad
Can I set the maximum number of tenants in a Mobile Home?
6 February 2024 | 8 replies
I called the county, and was told: (a) that "cove" doesn't meet the *current* definition of a bedroom, BUT for older MH, they go by what the manufacturer classified it as when it was sold; (b) the property tax listing for the lot identifies the MH as "personal property", so doesn't identify the number of bedrooms and baths; (c) the septic permit was made for a two bedroom residence.I have failed in my many attempts to locate any records as to how the manufacturer described this originally.
Kevin Kalligher
Evicting Tenants During Winter
5 February 2024 | 8 replies
I've bumped rents from $600 to $750 for 2 of the units and 2 of the other units have already planned to vacate by the end of the month and made other accommodations.
William Roberts
Loving Bigpockets from Florida Panhandle ( Fort Walton Beach Destin Pensacola) !
6 February 2024 | 16 replies
@William Roberts, your last two sentences made me smile pretty big!
Erin Wamsley
Why use quit claim instead of warranty deed to transfer to LLC?
6 February 2024 | 12 replies
We did a quit claim deed on a rental property last year from our personal name into an LLC here in Texas that we wanted to take a DSCR loan on and the lender made us go back and use a warranty deed before they would close on the loan.
Angelo Revercomb
Advice on a potential deal!!!
5 February 2024 | 2 replies
Ultimately you will need those subs who pulled the permits to come back and complete their work in order to obtain your C/O.