Dave Craig
LLC Expenses vs. Standard Deduction
I know this is a very basic question, but I've read quite bit about real estate investing and taxes at this point and haven't seen it clearly stated. Since the LLC is a passthrough entity, do the business expenses (pl...
Josh Bowser
Appraisers are tightening their standards
Hey BP - wanted to share a brief anecdote on the Atlanta market.Over the past few weeks we have been seeing appraisals on turn key investment properties and value adds come in lower than we would have expected. Two mo...
Alyson Augenstein
CT Standard Property Management Fee
I was wondering what the going rate is for property management fees in CT. I am looking around in the Hartford area and wanted to make sure I was incorporated the right numbers in my analyses, since i'll be looking fo...
Nat Rojas
(Standard) Turnover Timeline? Too long??
No Bias. My Goal is to hear your unfiltered thoughts and immediate reactions. Any and all comments would be greatly appreciated.Please see Image below:The above is the Turnover Management Process and is the Standard t...
Julius Agonor
FHA Standard vs FHA 203k
Hello BP Community!
I'm currently looking at getting an FHA203k loan to purchase a rehab property that I'll be using as a house hack. Admittedly, before learning more about 203k, I got preapproved for a standard FHA ...
Brad E.
Minimum standard for credit score
What are folks using as their minimum required credit score on rentals?
I’ve got mine set at 650 but not sure if that’s too high for a c+ / b- neighborhood. Thanks
Linda M.
Basement Bedrooms vs Standard Bedrooms
When comparing two properties, both equal square footage, # of bathrooms, area. Would a property with 4 Bedrooms be valued less than a property than with 4 Bedrooms + 3 basement bedrooms?What about a 4 BR vs a 2 BR + ...
Alex P.
Accounts for Property Management Standards?
I am currently in the process of negotiating with a property management company to manage a multi-family rental and I'm curious about how others in the BP community structure their accounts. Can anyone advise on wheth...
Christopher Blanco
Standard Split for Equity Partners
What would be a customary split for a Capital and Managing partner in a fix and flip situation? I am trying to determine if there is a standard or if its all negotiation? Where do you start on the negotiation if one p...
Ariel Lisogorsky
"Standard" owner finance offer form?
Hey there, I'm about to write an offer to a seller that might finance the deal. Anyone has an straight forward form I can borrow?Also, any advice on overlooked items or common landmines will be greatly appreciated.
T...