Justin Reyes
Renting to residential daycare owners
21 March 2024 | 2 replies
I hope you verified their license and insurance, added yourself as "additional insured" on their policy, checked zoning, and are prepared for additional wear-and-tear.I personally don't allow it anymore because it always turned out bad.
Matthew Villalon
Fix foundation repair/water proofing OR convert single family home into a duplex
21 March 2024 | 2 replies
Personally, for my life stage, I don't want to live in a multifamily property again.Second, you need to know your market.
Amelia Gull
1031 to a Spec Home from our company
20 March 2024 | 7 replies
The properties are owned under our personal names.
Ertha Luma-Gruber
New to BiggerPockets
22 March 2024 | 21 replies
The source I like the most is from personal referrals.
Lisa McKinney
HELP!! How to Structure part finance/part seller buyback
22 March 2024 | 3 replies
Forced “partnerships” just have a very high probability of failure.The first thing I’d do is check out the buyers personal financial statement.
Sean Lemon
Has anyone used The “flip system” by the Martels?
19 March 2024 | 46 replies
I personally do not have a wife or kids yet, but I appreciate your desire to place time with them as your greatest goal.
Shannon Dennis
Baton rouge burned house
20 March 2024 | 3 replies
I haven't went out to take a look in person just yet.
Salman Saifuddin
Buying commercial apartments
21 March 2024 | 2 replies
Permanent debt commercial mortgages also generally will not play with an in-place DSCR below 1.25% (possible exception for very strong/experienced borrower, but such a person wouldn't be making a thread like this one, no offense. :).An interesting result of the 1.25% DSCR being more firm on the commercial side is that rent-to-price ratios and cashflows are better.
Justin Foster
How should I outsource bookkeeping?
21 March 2024 | 8 replies
I married someone just like me. 3) I want a system that's as easy as possible for me to get receipts and information to the person doing our books. 4) our system MUST be secure.
Abe B.
Bank Accounts + Landlording
21 March 2024 | 6 replies
Personally I keep one account for each building and one account for security deposits.