Alex Zweydoff
Why Landlords and Investors Should Use a NARPM Member Property Manager
13 June 2024 | 9 replies
Yes, while I may not receive many referrals directly from NARPM members (though I have gotten some over the years through the relationships I’ve built), I do get contacted by investor owners through the NARPM website quite frequently.
Andru Bailey
Hello BiggerPockets! New PRO here
14 June 2024 | 8 replies
This is not to say this is the only successful method of real estate investing, but as I'm sure you're well aware, with current interest rates and overall market conditions, sourcing and acquiring LTR deals is difficult unless you're going off-market.
Patrick Irish
$5k For Cap Gains/Tax/Opinion Quote - that reasonable?
15 June 2024 | 7 replies
Your current accountant should have the exact number that is your adjusted cost basis of the old property at their fingertips.
Garrett Tjoe
ADUs and utilities question East Bay California
11 June 2024 | 12 replies
Here is the specific language from Assembly Bill No. 68:a local agency, special district, or water corporation shall not require the applicant to install a new or separate utility connection directly between the accessory dwelling unit and the utility or impose a related connection fee or capacity charge, unless the accessory dwelling unit was constructed with a new single-family home.If the Planning Department is telling you that you need separate utilities and you're adding an ADU to a lot with an existing SFR, refer them to the above language from AB 68.
Jason Strauss
General Advice on renting my property
14 June 2024 | 17 replies
But you can always ask the PM from time to time if they have experienced any problems with the tenant.2. expenses that exceed the pre-authorization threshold in your agreement.3. maintenance problems or concerns, especially ones that are not minor, but you can always ask about any problems, and they should be keeping record of maintenance problems during their management, even minor problems. 4. near expiration of lease term (e.g. 60 days), inquire what their plan in for a current tenancy, whether to terminate or renew.
Mike Maloney
What banks are best for depositing security deposit - MASS
12 June 2024 | 4 replies
I am looking for a bank that holds tenants security deposits and automatically pays the interest directly to the tenant annually, see the rest for description.Hello, I am a first time property owner and am trying to figure out where it is best to deposit security deposits, I am aware that it must be deposited in an interest bearing account per MASS law but also the tenant needs to receive the interest annually and I do not want to have to manually perform this task.
Albert Lubin
What's your max offer?
14 June 2024 | 11 replies
I'm considering a commercial property (16 - 1Bed1Ba units) with a current annual rent roll of $170K fully occupied.
Amanda Bahil
How to collect back rent?
11 June 2024 | 22 replies
I've always figured below a certain number was manageable, and it has been.
Gerardo Waisbaum
Seeking Advice on Best Options for Parking Multifamily Reserve Funds
11 June 2024 | 4 replies
Currently, we have them in a money market savings account, but I believe there are better options out there that offer higher returns while still being liquid and low-risk.I'd love to hear from other operators:Where do you park your reserve funds?
Cody Journell
515 Davis St - Multifamily Deep Value Add
12 June 2024 | 0 replies
Negotiated directly with seller.