Jacqueline Mee
Collecting payouts as a property manager(management/cleaning fee)
My business partner and I started a property management company this past year after managing a friends airbnb/VRBO. There was a little bit of flexibility in terms of how we collected money with our friend at the time...
Laura Levine
Do I need an architect?
I just bought a house in Northern NJ that needs some renovations and I'm trying to determine if I need an architect or if a GC can do the work. I want to take out half of a wall (to open the kitchen to the living ...
Adnan Dizdarevic
BRRRR METHOD QUESTIONS
Good Day BiggerPockets,Out of all of the methods i have looked up, the BRRRR method catches my interest the most. The method seems to make the best strategy in my opinion. However, i have some questions i was hoping i...
Nathan Biller
How do you handle your books when a PM manages your portfolio?
I have a handful of properties which are all managed by the same property manager. They use Rent Manager, and I'm able to log in and view all the standard reports as well as a complete general ledger detail. However, ...
Jacob Y.
Decrepit SFR's in College Towns, (Observations on Santa Cruz)
Hey Everybody,
I was curious to hear people's thoughts on the following: I live in a town with a strong college influence - Santa Cruz, California. About 17k students here, 60k or so residents in Santa Cruz City. Thi...
Rick Beringer
Questions for First-time Home buyer looking @ 203k/Homestyle rehab Property
Hey everyone, Recently signed up for this site and have been impressed by the wealth of knowledge I've found here. I'm currently looking at a property in northern Maryland. It is a real "fixer-upper" (I will know th...
Boruch Leivi Bartfield
First Time Apartment Building Syndication
Dear BP,I had a quick question:I have located a tertiary market in PA.I see a few 10 unit buildings that have a 10 CAP (at advertised) asking between 450-500k and NOI's of between 40-50k. On paper they have great valu...
Roxanne Cerga
Is this a legit Private Money Lender?
Came across 2 different person with offer of a Private Money Lending which provides LLC proof etc. But im still skeptical if its really legit. Seems too good to be true. LOAN TERMS AND CONDITIONS(1) Borrower must have...
Ben Meisel
Water issues in Chicago - huge bill
Posting this for a friend who owns a 7-unit building in Chicago. He's noticed very high water bills in the last year, including the most recent one for $6500. Finally it was determined that there is a leak in the wat...
Dan Bee
What would you do with $25,000?
Let’s say that you had $25,000 and you wanted to invest in real estate somehow. But there’s a stipulation. You can’t use any additional monies i.e. partnering up, financing, etc. What would you invest in and how would...