Max M.
Closing costs on sale of rental (cap gains exempt)
30 April 2024 | 4 replies
We have substantial closing costs on the sale, primarily transfer tax and realtors' commissions.
Josh Mitchell
Experienced Agent, Inexperienced Investor
4 May 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
Shannon Fulford
Paying off my house and increasing my heloc to invest in other properties? thoughts?
3 May 2024 | 1 reply
All that does is cost you more money.
Jake Hughes
Finding Tenants, background checks, creating a lease
2 May 2024 | 18 replies
I don't have a comprehensive experience but I tried to find the least costly one for every step for me and applicants/tenants.
Steve Boss
Has anyone used a lower cost 1031 exchange intermediary?
30 April 2024 | 9 replies
@Steve Boss, Here's a BP blog we wrote recently on costs nationwide - https://www.biggerpockets.com/blog/how-much-does-a-1031-exchange-cost.Just because an exchange is cheap doesn't make it bad.
Don Wizzy
Newbie in the house
2 May 2024 | 4 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best
Virnisha Pastore
Would you Rather? Investing in SE Virginia
2 May 2024 | 8 replies
Hey Virnisha I would love to here your strategies at the meet up I have set up for March 5th in Chesapeake.
Jeremiah Alton
SFR W/ Guest house now successful STR/MTR on Airbnb!!
2 May 2024 | 4 replies
That sounds like a terrific setup from the remodeled guest house, to the HELOC.
Abhishek Sahni
Getting started with Commercial real estate investing
3 May 2024 | 12 replies
A super basic step one would be to set up a "newly listed within the last week" custom search on Crexi, Loopnet, whatever.
K S.
My cabin renders (pics inside) Experts critique!
4 May 2024 | 2 replies
I'm afraid skylights might leak or increase the cost.