Robert Nicklin
New venture 50/50 with partner advice and suggestions
Hi Bigger Pockets, Checking my profile and this it my first post! I have spent so much time on BP and listening to the podcasts, its hard to believe.I am looking at a fix and flip of a multi unit with an experience co...
Issac Phillips
Itemizing Fixed Cost for a wholesale transaction
Hello, I am a new wholesaler preparing to launch my first marketing campaign. But before I do, I’m still unsure on how to find the exact figures for the itemized list of Fixed Cost in order to accurately calculate the...
David Duquette
SIMPLE Scope of Work
Ok, I've scoured the internet and BP and found a lot of info on SOW's but they are so overly detailed it's pretty overwhelming. Does anyone know of or have a template for a basic SOW for each area of work needed in a ...
Heath Lehey
Question about security deposit and picky tenants
Hi All!Long time lurker, first time poster as I unfortunately am dealing with a bit of a ridiculous tenant that just moved out and have a couple questions about security deposits in Madison, WI as it seems like tenant...
David Robertson
Detailed Scope of Work vs "Turnkey" SOW Language
A recent forum discussion talked about how an investor's scope of work said to include "EVERYTHING" in their proposal to 'gut the property, buy materials and rehab per plan.' Long story short, the contractor did not ...
Andrew S.
House hackinging taxes and standard deduction
Good evening BP community,I'm preparing all my tax documents prior to meeting with my CPA and I'd like to show up to the meeting prepared. Appreciate your time reading through my questions. Last year I purchased a du...
Lois S.
Itemized receipts for PM repairs?
I have one unit that is under Property Mgmt. Some minor plumbing was done & I asked for receipts.(replace a faucet & a hose bib)The receipt was not itemized - just a vendor invoice for parts & labor combi...
Jay J.
Some lenders are not ready to work with Investors
Recently was trying to do a cash-out refi on this property. And have been working with this lender for the past 2 months. Now I am so frustrated that i am thinking if i should close on this loan at all.1. This lender ...
Leslie Stouffer
best bookkeeping software for STR
I am not managing my property and have a property manager, so I get a reconciliation of what the property makes minus the charges for the supplies, repairs, etc. I currently use Stessa and their bank to manage my acc...
Ryan Collins
Contractor Bid Examples
Does anyone have any examples of how they have their contractor’s clearly label out their scope of work for them? - i.e. an actual bid or picture of one you’d be willing to share
I’m a visual learner and I’m looking ...