Tom Miller
The city wants to buy my property
8 January 2025 | 7 replies
The city wants to tear the property and surrounding properties down Zillow said it’s worth 38000The city offer me 13000.I could use some adviceHard to give advice with limited information, but as a general rule, the longer you wait and the further down the line their project is the more valuable your property will be to them.Zillow (and all automatic online) estimates are very unreliable, so don't base on that.
Miguel Vasquez
Section 8 related
17 January 2025 | 1 reply
My question will be if she gets approved will the rent go up automatically to fair market value?
Scott F.
AI Deal Analyzer
9 January 2025 | 11 replies
Everything is done automatically for you, on every listing, and only the good ones are shown to you.
Bruce D. Kowal
Being clever when dealing with IRS and State at the same time
17 January 2025 | 1 reply
Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
If so, you can add package upsells automatically through your property management software (e.g.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Ryan Vienneau
Buildium users - how do you handle credit card tracking???
14 January 2025 | 8 replies
I am sorry Mendy, but QuickBooks has a bank feed as you know that brings each credit card transaction in automatically.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
You also get $50 automatically when signing up with Invelo, no matter which plan you choose.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
It's not just the taxes, but being able to at-a-glance look at expenses by the month and year, profit and loss calculating automatically, and even cash flow by property and total portfolio by month and year.Thanks for suggesting it!
Patrick Pan
How to find concealed eviction records
31 December 2024 | 17 replies
Our online court records in CT are now automatically dropping tenants' evictions fro the record after 3 yrs, or even less.