Hi All,I'm trying to determine a typical bonus structure for a RE Assistant (paid hourly). This is not to be confused with a Transaction Coordinator. There is a slight nuance to this situation however: the assistant...
Hello BP.I would like to know how do you set up your bank account for rental, specifically for efficiency.Here is how mine is set up, and any feed back or tip is welcome:Three accounts1. Trust account for security dep...
As a property owner, managing rental properties comes with its challenges and responsibilities. One of the critical aspects of successful property management is tenant screening. Tenant screening is more than just re...
Good Morning,
I'm new to active Bigger Pockets community. I am hoping to like many others build up a good retirement through real estate and are looking for opportunities to learn good practices, soft skills and gain...
Hi There, I'm a newby investor that ventured into my first multifamily that I am working to stabilize. The property is out of state for me (also a first!) located in Cincinnati. The property is a 4 units - 2/bed, 1/ba...
Hello,Me and my brother are wanting to buy our first home together in Fort Worth, TX. We have saved up around $20k and have no big expenses or loans. We are interested in this being an investment instead of a forever ...
As a property manager, I am well aware of the challenges that arise from dealing with non-paying holdover tenants. This is a complex situation that demands a sensitive approach, a thorough grasp of legalities, and a s...
Now that I am underway, What are some good ways to start finding those off-market deals? I have little to no time as is to get out and search. what I would like is what do the lovely people in BP forums think are the ...
If you plan to be a passive investor in a multifamily syndication, you need to understand what a Private Placement Memorandum (most commonly referred to a the PPM for short) is, why it is needed and what should be con...
I own a few 4-plexes near Cedar Rapids, IA. Rents are in the ~$550 range and the tenants pay for their own electricity. I understand and appreciate the concept of sub-metering or RUBS, but I wonder how effective these...