Hello BiggerPockets Community!What’re the steps that an investor should follow during the due diligence process when analyzing a property to determine if it’s a good deal and safe to purchase?What’re typical mistakes ...
Hi All,I am hellbent on trying to find a small multi-unit property (2-4 units) off market that I can rehab, rent and later refi. What is the best way to source these owners on a site like Listsource? I am totally open...
Im a new real estate investor working on securing my first property in the next 90 days. After that is settled, I wanted to look into building a storage unit. More specifically in area where there are development plan...
I am looking at a property that has a 50 foot deep Cistern. A cistern is not a well that reaches ground water . It is a hole dug to catch rain water. I want to purchase the property as it is in a desirable area for...
In New Jersey,
I'm using Stessa for my accounting. What categories to things like chair leg floor protectors, "use other door signs", sticky hooks for towels, wall decorations, combo locks for doors, out of these cat...
Hi All,I currently have $5,000 in reserves for any unexpected cap-ex/repair items that may come up. This is for a newly rehabbed property. Calculating the cap-ex internal rate of return I'm getting $125/m for a hold o...
When working with lenders, it is often required that you provide a personal financial statement including gross income, expenses, net worth, etc. For personal use, these should be as detailed as possible so that you c...
I received a quote of $825. This is my first one and not sure if it is high or not. Building is about 4300 sq. ft. Property located in Chicago.
I am waiting on return calls from 4 more inspectors. Figured I would al...
I'm over the new QBO usage limits due to depreciable assets. Is anyone in the same boat and if so what are you doing about it? I have 4 QBO accounts so the idea of paying $150x4/month for the new "Advanced" QBO accoun...
Hello BP, I have been analyzing deals mostly out of state. Some locations I am either not too familiar with or I don't know a thing about. My question is, what are some great sources to find more in depth information ...