I recently signed a contract to have some work done on my buildings. I paid 50% upon signing the contract. Before even starting the job, the contractor is saying he talked to his engineer and the job is going to cos...
I suspect that my tenants have a cat which is against the lease. How do you guys find out? There is evidence of this on their facebook page and I see a cat in the yard, but they say it is the neighbors. Would you a...
Should I start an LLC right off the bat or wait until I actually have an asset or 2 and then transfer. If I should transfer later, what do I do about the "due upon transfer of ownership" clause from the bank? Can I ge...
Hello BiggerPockets community,
I am asking everyone's opinion regarding pets in their rental properties. I am a pet person myself, however, I am unsure if I'll allow pets in my rental properties due to untrained pets...
I’ve been doing a lot of research about the multIfamily market in my local area (Fort Worth, Texas). After listening to the BP podcast with Michael Becker, I realized I needed a better understanding of while the marke...
Hello! I'm going nuts here trying to figure out how to properly set up a statement that shows my cash flow. In particular, we have a reserve (escrow) account that we put money into each month the year before to cover ...
Hi all,I'm compiling a spreadsheet to help compare different potential out-of-state markets to buy and hold.Some hard and soft criteria include (1) job growth; (2) Population; (3) Diversity of Industry; (4) Housing Pr...
When looking at rental comps what features/amenities have value when setting rent?garage vs carport? pool access? tennis courts? schools? interior/exterior upgrades (granite, deck, sunroom)? neighborhood location t...
Hi all! Some help if you have...So I decided to take the conventional route and managed to save up a 20% down payment on the 150k-250k range of multifamily properties(2-3 unit preferably).The savings actually comes fr...
My friend and I have been actively looking in an area to invest in. We cannot agree on what true 'value' or 'deal' is. One of us wants to do the flipping route, but I don't believe the margins are there the actually g...