Matt Maves
Schedule E supplies or depreciation?
I'm curious as to what is considered "supplies" or "cleaning and maintenance" and also if I need to depreciate.Each year I purchase a lot of mulch and annual flowers for my rental. I do all the work myself. Would I ...
Carl Randal
When the "Math" makes the offer too low...
(ARV x 65%) - Repair Costs = Maximum Allowable Offer. What do you do if the math makes the MAO so ridiculously low that the previously "motivated" seller becomes not so motivated? Example: ARV $162,000 X 65% = $105,...
Victor Cooke
What systems to develop for "Newbie"
I have been reading the "E-myth" and it has gotten me to think about the how/why for developing systems. I get that everybody's systems will be different based on what they do, but was looking at which processes I sho...
Michael Dallas
Presenting a Deal to a Private Lender
Hey BP! I am currently under contract with a 9-unit multifamily. I have already talked to a private lender of mine that tentatively agreed to lend on the deal. I just gave him some easy round numbers on the deal, and ...
Krishna Surendra
Need help with analysing the 4 plex
Hello to all the BiggerPockets members,
I'm preparing an offer for a 4-plex unit and would like to share the rental analysis with you. I'm eager to hear your thoughts.
You can find the detailed analysis here: https ...
Rick Bargas
Separate Phone number app or service help needed
My question is: What app's or services for a separate phone number to make and receive calls and voicemail service are best suited for property management needs, without having to carry a second phone or pay for a se...
Aaron Robinson
Response Rate Confusion
Response rate is simply, (responses ÷ number of mail pieces sent out) right?Soooo here's my issue with this... If I send 100 people a postcard (so that's 100 postcards), and 90 call back, that's a 90% response rate ri...
Alesha Rayford
Do I have a deal
so my mothers significant other has a home that he stopped paying on. There is a mortgage over 80k with a tax lien. I searched the internet looking for market value which is about 125k maybe more. House is basically ...
CJ B.
How do you determine for price for 4unit
I am aware 5units is commercials and 4 and below is residential. I am confused on how are comps determined (I'm looking to submit an offer)? If all units are leased would you just run the numbers as if it is commercia...
Robert Nelson
Starting to wholesale
so I'm starting a wholesaling career with my wife in wesley chapel, FL (will be attending the tbrei meeting this Thursday) and had a question about finding our first deal. I am a realtor and have mls access, have been...