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Hi All,
We just started a c-corp to take advantage of ROBS capability, and I'm doing some basic research on cash vs. accrual method for accounting. For a rehabbing business it may not make much difference du...
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Hi BP Community,I've been lending informally for the past couple of years to family and friends on fix-and-flip deals, and I am now looking to formalize it i order to raise further capital and grow a sizable book. Aft...
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Is it a good idea to give tenants Christmas gifts? I give tenants target gift cards with a nice note, they’ve payed their rent on time and they have not caused any major damage to the property. Anyone gift their tenan...
This is a link to an interesting subject regarding Late Charges.https://caltenantlaw.com/late-fees/The article, written by an attorney, states that charging tenants a Late Charge Fees is illegal and when you evict a t...
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I just wanted to see what the STRers out there are doing. I've heard some folks on BP comment that when they are listing their STR on AirBnB (which I'm about to do), they feel comfortable that the legal contracts on A...
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I'm going to fire my current PM and want to get any advice on the best way to do it. Is it better to do it during the beginning of the month or the end? How do I ensure the most seamless transition to the new compan...
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Hi folks! I am new to the forum and have a few questions on 1031 exchanges. I have read quite a bit of information in the forums here which has been great but wanted to make sure I am clear on the requirements.I hav...
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EDIT: I posted this in the wrong place. I haven't figured out how to ask a moderator to remove this post, but I reposted it to the commercial forum: https://www.biggerpockets.com/forums/32/topics/795430-first-commerci...
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“Good is the Enemy of Great.”
The concept is that too many people and too many organizations “settle” and take short cuts accepting that “good” is good enough and that they don't need to do the really hard work to b...
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Does anyone in the community do this as an agent? Seems like a good alternative if the seller doesn’t have much equity or wants full asking price.The operation in a nut shell is that you:1. Market the property with t...