One thing I'm trying to understand before doing my first raw land development - subdivision deal is at what point in the process are you first allowed to sell the lots. That seems like it would be an important factor ...
Hi all - I know this topic has been hit on a few times but I wanted to ask my question in a very specific manner to get collective expert feedback. I understand I should consult my CPA, and I will. They are, however...
Hello Bigger Pockets! In keeping with my habit of “do some research, write a post,” I’ve been looking into short and mid-term rentals as compared with a more “normal” long term rental. Specifically I’ve been trying ...
I’m ignorant when it comes to accounting…Does anyone have a P&L template that’s best for a strictly wholesaling entity to present to third parties accustomed to reading P&L statements? I see the P&L te...
What do other investors typically pay for Water/Sewer/Garbage service annually for a property in Chicago. I am specifically looking at 3 and 4 unit buildings, and I don't know how to accurately estimate these costs. ...
I am looking at a multifamily property in a good area that produces a 9 cap return. My concern is that a third of gross income is from the retail bays. My quesstion is what are the major challenges with finding and ma...
Here's my situation, I have 22 furnished houses with all bills paid. Half of them are 2 bedroom places. A basic 2 bedroom with a washer/dryer, cable/wifi, full kitchen goes for $350/week. A nicer place with CHA, HD...
Is it legal to ask for highest and best rent if there are multiple qualified applicants for a rental property? I’ve been seeing bidding on rental properties and wanted to check if this is a new norm. Any thoughts? I...
What is a usual vacancy time everyone has experienced from the time a place goes on the market to rent and the time it is occupied? I am sure the numbers vary, but what is a usual or average and what would be conside...
So I recently became a licensed realtor in PA. I have existing rental properties and for the first time am about to execute a new lease with new tenants. I was pretty certain that I have to disclose to my new tenan...