Lisa Sanderson
Water Bill standards in Tulsa
Any investors out there with duplexes or SFH with accessory dwelling units that are billing tenants for water? Sub-metering? What's the standard in Tulsa?
Tim Bergstrom
General Industry "Standard" Renovation Inspections
Hey BP,I'm posting this simply to start a discussion about what should be expected when doing a rehab/renovation regarding inspections. I know different cities and different states have different "standard practices" ...
Account Closed
designation of standard /Construction 1031
1031 language needs added to my contract. I might/probably/possibly replace my property with a construction 1031. Does a construction 1031 have to be designated as such, and if I don't get a Construction 1031, but r...
Account Closed
Empty versus Drop Standards/Rent
I read quite a bit that it is better to leave a unit empty then to fill it by lowering your standards.
The economics would suggest otherwise. An empty unit equates to an 8+% drop in yearly rent for each month empty,...
Coty C.
Breaking the Tenant Screening Standards
Tenant Screening Standards:
- No previous eviction
- 3x income to rent
- Clean background
- Good references
Hi Everyone,
On biggerpockets these 4 standards for the tenant screening process have been repeated time an...
Brandan Leon
Standard Purchase and Sale Agreement
I'm a new investor and I was advised with this standard purchase and sale agreement from a investor from another state. He recommended to get this looked over by a local agent to make sure it's ok to use this one in m...
Shafi Noss
Standard Rates for Capital Raisers
Hi everyone,I've found several investors interested in apartment communities, about 720k worth. I've been talking with syndicators who offer GP membership in exchange for bringing some of the investment capital. One p...
Gagan P.
Depreciation Carryforward vs Standard Deduction
Just had a random question pop up into my head.
Given that the IRS requires depreciation to be taken each year, what if a person's only income is rental income, and the AGI, is below the standard deduction amount. Ca...
Colton T.
Development Standard Soft Cost % Questions
Good afternoon, I've received a bid for a new construction project (roughly 100 units Multi-Family in suburban DFW) on free and clear land. I had a number in my mind prior to beginning the work on bidding / planning ...
Frederick McCarty
Purchase Agreement: Standard or Custom?
Hello. When contracting a seller is it better to use state specific purchase agreement or a custom one? I want to use the Purchase Agreement template from Indiana Association of Realtors, but it appears they want to ...