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How are you handling tenants who cant pay the next few months?
ForgivenessPayment Plans Tapping into Security depositsOther?
Which route are you taking and why?
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Hello. I have a Wisconsin property with two buildings on a lot and the front building had a fire in December last year. I have collected the entire insurance payout and had started demolition in April. The back buildi...
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Hello!After being a member here for over a year I am finally ready to jump in and make my first investment. I had a piece of vacant land that finally sold and after paying realtor, etc I was left with about 76K. Payou...
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I found a property recently that is in terrible distress. The owner passed away a few years ago and may have left the house to one of his 3 children. That daughter whom may have received the house as an inheritance ha...
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Hello!I am super new, and was curious whether you have 1 or multiple properties how do you keep up with everything? How do you collect rent? Do you use and app or a site? Does it keep more information stored like mait...
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Hi BP community!A friend and I are looking to do BRRRR's together -- he'll do the rehab and I'll provide the capital for cash deals. Our plan is to setup a joint ownership LLC to acquire the property. Once its rehabbe...
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Hello All,I am looking for up to date data sources on the following information:1. What rates are builders using for their "Builder Profit"? Preferably would like it for different types of construction including custo...
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Hello,
Just finished my 2022 taxes but it made me realize I have a situation for 2023 taxes that I don't know how I'm going to handle. Here's the situation:
- Had a pipe freeze during a cold snap, led to fairly exte...
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In an article like this: https://www.biggerpockets.com/renewsblog/2014/03/1...The author says "Let’s say you structured the deal such that the investors get 75% of the building and you gave yourself 25% for putting t...
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I located a foreclosed home that is selling for $180,000 and has a zillow estimate of $430,000-$500,000. Similar homes on the same block and area have sold from $385,000- $439,000. The home needs repairs that are quot...