Preston Gealy
Cutting the cord: Ditching the Property Management Company
In the beginning... my childhood friend introduced me to Biggerpockets and the fire was lit inside me. I had huge aspirations to grow fast and big. I established an LLC and even started paying for a web address, but n...
Nick Gagel
Allowing tenants to cut grass and weed eat
Anyone with experience regarding allowing tenants to cut the grass, weed eat, etc? I am searching for proper documentation or lease verbiage that legally omits me from any injuries during landscaping, as well as any o...
Stacy Kodani
Continue to rehab property or cut my losses
I recently purchased a property in Northeast Kansas City. Up to this point, accrued costs are approximately at $9,000.00 (purchase, closing, back taxes, liens, etc.). The home requires a major rehab. Costs will li...
Jennie Carolan
Flood insurance cutting WAY into our cash flow...
My husband and I just recently bought a SFH in Saint Petersburg FL. The property is elevated and there is a big drain in the back. However, it is still in a flood zone and we were quoted at $4,000 for the YEAR in Floo...
Victor Zhu
Calculating NOI/Cap Rate with Expense Cut off
Hi Everyone,When you are calculating your NOI, when it comes to the expense portion of the calculation, do you perpetually include Cap Ex., Repair & Maintenance and Vacancy in the calculation for the life of the p...
Braden Downs
Saving Money or Cutting Corners: Flipping A House
When it comes to rehabbing, what are ways they save money? The reasoning behind this being you want to make a nice profit and sell a reputable home. Or, on the buyers side, you don't want to get screwed.
I'm thinki...
Kyle Smith
Smoky mountain cabin - cut the trees or not
Hello,I’m currently building a cabin In Gatlinburg TN and I have a question regarding some trees that I’m debating cutting. I’m blessed to have a 10 out of 10 view of the state park but if I cut a few more trees I ca...
Account Closed
Estimated Porperty Taxes can cut into profits significantly!
Hi BP community! I'd like to share a tip that could save you thousands of dollars when purchasing and selling a piece of real estate. A tax prospect I recently worked with shared some information on how they got scr...
Maggie H.
Tenant cut the lally column in the basement!
I live in Southeast Michigan and my SFR is back home in Upstate NY. When I was there back in mid May, I went to inspect the house and the tenant told me that the lally column had rusted out at the bottom, so he cut...
Peggy Curtis
Quick question about when to cut your losses
I have a rental in Oregon, and so far we have never seen a profit, at all. The rent doesn't cover the montly payment, but we have incredible renters that always pay, always do the work, keep it nice and have been in ...