Donald Hruska
Do you take income taxes into account when valuing property?
I've been valuing multi family property based on cash-on-cash return (yearly income after mortgage payments, property taxes, maintenance, vacancy, insurance over upfront cash i.e. down payment and closing costs) and c...
Account Closed
Backyard ideas - Duplex
Hi everyone,We have a duplex in beautiful south Florida with front and backyards. The bushes and shrubs in the backyard are a little overgrown and both sides are occupied. I was wondering if anyone on here had simple ...
Kaven L.
Should a PM walk the property before dispatching a plumber?
We pay a PM to manage a SFH, and this past week we received a $1k bill from a plumber for fixing the washing machine drain pan. I'm a little frustrated because from the plumbing bill I don't understand what exactly wa...
Peter Lee
Garage Door Repair Responsibility
Hi all - I am interested in hearing your opinion on a garage issue I've been dealing with the past few of weeks.My garage fell off the tracks and the middle hinge had ripped off during a routine open and close. Nothin...
Ayodeji Kuponiyi
What comes first? Cap Ex before the NOI or after?
Hey BP Nation! I shared another deal I'm underwriting and came across the issue of Cap Ex with some BP members. I included the Cap in my 55% of the expenses and apparently I was wrong for this that. I was told the fol...
James Devereaux
Property Management Fees
Hi Bigger Pockets! I have been a member of this awesome community for several years now (at least a year before I embarked upon my first real estate deal ~4 years ago) & have learned so much! This is my first time...
Eric Miller
Better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
I'm working on part of an investment strategy and I'm curious about having one more valuable property that, either through a large down payment or BRRR method comes in at 70 LTV, versus using creative financing to hav...
Gisell Garcia
Ways to collect rent
Hello,
I am new to the real estate world and about to rent out our SFH. I was wondering how you guys collect your rent? I was thinking of setting up Zelle and/or Venmo but not sure if that's a good idea. Are there an...
David A Perez
How to properly staff an apartment complex?
I am just starting my venture into real estate and I am currently thinking about where I want my plan to lead me to.I want to start with triplexes and fourplexes, but eventually I want to start buying 40+ unit propert...
Ashley Whidby
Rental Income and Taxes
Hello everyone! My question is about rental income and taxes. My tenant just moved in on October 1st and I want to be sure I am keeping all of the appropriate records for tax purposes. What records should I be keeping...