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In one of the podcast episodes, I remember them saying that if you are trying to avoid raising rents too high on an existing tenant, you are better off renting at the full amount you can and then giving them a discoun...
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I bought my second house this year at the end of July. I rent my first house out to my mother. I could use guidance on maximizing my tax return. Can someone please advise me on how I should be claiming (and on what fo...
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I am new to the Bigger Pockets Community, but have been investing for around 4 years now. I currently have 12 units (6 residential apartments & 6 garage storage units). We are currently on the lookout for a new p...
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What is the average total cost for renovating a 750 square foot one-bedroom co-op in New Rochelle, NY? I want to have the following completed.
1. All the walls fixed and painted. (The walls have minor holes where she...
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Hi BP!I thought it would be a cool idea if everyone shared their best tip for managing their rental property. I'll start if off.My best property management tip is charging a 5% late fee when a tenant fails to make th...
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So we hired a CPA for the 1st time to do our 2022 taxes.After they completed our taxes, we wanted to see if a cost seg would be beneficial. But to even start the conversation they wanted to charge us for the time. Is ...
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Hi Everyone, I just listed my vacant unit on Zillow and it’s my first time screening tenants. So far 80% of the people who have inquired are section 8 and ask if I accept vouchers. I did some light research and I know...
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Hey All --After many months of work, the New BiggerPockets is now here!If you're on the old site, click the link at the top orange bar and you can start using it today or go to http://beta.biggerpockets.comWe've got a...
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We are start up investment realty company wanting to flip homes in the Fayetteville area. I have gotten the initial investment capital from Do hard Money, Lending company. Just to get my foot in the door for our fir...
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Hi there everyone, I recently purchased a property and it came with some property encroachment from the neighbor. Wondering how some of y’all have dealt with this situation and best way to approach the neighbor about ...