Evening!I am performing due diligence on a waterfront marina and retail complex in the Caribbean. The property has been in operation since the mid 1980's and has been on a renewed land lease since inception. Currently...
Our company focuses is to buy and hold apartment complexes. We currently track a few KPIs (key performance indicators) to keep a pulse on how the portfolio is doing. However as we prepare to grow and begin syndicating...
I've signed up for mint two or three times in the past, and I've never stuck to it because I feel like there are some very basic things that I am just not allowed to do. I'm giving it another go since I've heard other...
Hello biggerpockets family, hoping to get some advice/ tips on how to go about collecting rent. I currently have them Zelle me to my personal bank amount but I’m Wondering if it’ll be easier to manage using a platform...
Hi, We currently manage a few vacation rentals on Airbnb in both CA and NV, (3 in CA and 2 in NV), and we're acquiring a hotel in CA right now. We live in NV.I did some research about setting up LLC/c-corps but still ...
Hello, I got some caffeine in my system so let me know if you do not follow. 1a) I know that Interest on the mortgage is deductible 1b) I know that property depreciation is tax-deductibleTotal Tax Deductions = (Inter...
As a passive investor your work is done upfront in the due diligence process. There are a few key items you need to check off your due diligence checklist before making an investment:
Due Diligence on the Operat...
New to BP. Our company has a very large portfolio of seller financed houses and we have been operating for about 20+ years. Currently, we create a new excel sheet with the ammonization table for every customer. It is ...
Has anyone been using a chat bot to assist them or their property manager(s) in their day-to-day operations? If so, what chat bot and what are you using it for?Some work that comes to my mind is:1) Managing tenants t...
Those of you that have used commercial mortgages. How long did it take you to close these after appraisal was done? Was it faster than a conventional residential mortgage?