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Results (10000)
Hoai Nguyen Tips for managing a quadplex
8 October 2024 | 7 replies

We are closing on our first quadplex next month. We currently have 3 long term rentals and are self managing. What are some tips and tricks or advice you would give to better manage a quadplex that might differ from a...

Crystal Chang Are contractors to be trusted?
11 July 2015 | 24 replies

My main worry as an out of state investor is if I want to get a property at a discount, the property would needs to be in some form of distress. I would then need to rehab it so that I can rent it out as a buy-and-ho...

Daniel M. Seeking Your Insights: Energy Efficiency & ROI in Historic Duplex Renovation
26 February 2024 | 5 replies

Hello BiggerPockets Community,
I'm embarking on an exciting journey to acquire and renovate a duplex from 1900, aiming to tackle the inherent challenges of outdated insulation and the lack of modern vapor and air bar...

Ed B. Conflict of Interest? Partner is also the General Contractor
27 February 2017 | 4 replies

I recently got involved in joint venture that's now starting to smell. The facts are:Partner is a general contractor who was supposed do the rehab, with his efforts and also using subs when needed. He's working off re...

Tom E. Tracking Software For Material Participation (Taxes)
11 February 2025 | 10 replies

Hi Forum, I'm about to close on my first STR and plan on materially participating >100 hours this year as I'll be working on the property and plan to rent it the last 1-2 months of the year. I've read the qualifyin...

Kyle Shepherd J Scott's book on rehabbing - how outdated?
15 January 2023 | 11 replies

Hey all, I know there have been a lot of changes in the market in the last 4 years since J Scott revised his book Estimating Rehab Costs. I'm jumping back into real estate looking to secure my first deal - my weakest ...

Michael Higgins IRS Rules - Real Estate Professional Question
2 October 2022 | 1 reply

First, yes I will consult with a CPA. Wanted to hear the forum's perspective.  Here is the scenario.  My wife is a full time operations manager for a large real estate team in Nashville. She is not an agent but, spend...

Jeff V. Best Practices for Contractor Qutoes, Payment and Change Orders
19 May 2016 | 1 reply

I'm curious if someone with experience with dealing with contractors successfully could provide some tips and best practices for dealing with them.Quotes:  To date we have been getting quotes on labor and timeline for...

Sean Williams Black Friday Appliances for Rental - Best Accounting Method??
30 November 2017 | 14 replies

I am in the process of renovating a rental property through an insurance claim after a recent fire. Appliances are not included in the insurance claim of what's being covered by insurance since that falls under "perso...

Alex Todd REPS status scenario + underwriting paper losses
9 October 2024 | 9 replies

Hi all - my wife and I are planning on a April 2025 1031 exchange into a larger (for us at least...like 5-8 units) multifamily unit. An idea we have is, I am burnt out from W2 life, and wife makes great money (+$300k)...