AJ Felix
$40,000 to invest, advice please!
Hi Bigger Pockets,
I am newbie investor looking to get started in the Baton Rouge, Louisiana region or Conroe Texas region. I have $40,000 to devote to investing and looking to make a start in multi-family 2-4 unit n...
Travis Moe
Inspection Ends 11/26 - Need Help/Advice in FL
BP Community - I'm in contract on a SFR in Jacksonville, FL. I'm a little stuck and need advice on best course of action. Situation: The water and power are shut off at the property (it's an REO held by a private lend...
Brian Henry
Tax Advice - College Rental Property
I bought a property last April that my son and 2 college student roommates are living in. Getting ready to do taxes for the 1st time since purchasing. Do I treat the property as 1/3 second home that my son lives in ...
Alex M.
Legal structure for AirBNB income
Hi all,any thoughts on whether LLC or S-Corp for Airbnb income? I'm thinking of an LLC taxed as an S-Corp.Also, I'm looking to buy my first rental property with my father. We'd both put up half of the equity-- woul...
Megan Barron
Property Management Fees
When I am doing my calculations to see how a property may cash flow why do we only calculate the property management fee at 7-10% when in reality most property management companies charge a leasing fee of 75-100% of f...
Jayson Wolfe
Multiple Realtors? Exclusivity agreement?
Greetings from a newbie and thanks for all your feedback. It is very much appreciated!
I am currently looking at 2-4plexes in the Houston area and a Realtor (been in business 20 years or so) is indicating they will n...
James McGovern
Is the ability to negotiate realtor commissions a form of Fakenews?
I have not seen any statistics showing that sellers have been successful in negotiating down commissions other than in one-off scenarios. What are the best practices in negotiating a lower commission with a listing ag...
Joseph Parker
Current deal just took a strange turn
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
Roy Mitle
Renter demand laundry and dinner payment because appliances broke
I have property in san jose.The washer stopped working. We sent a repairman within a few days. Repair guy diagnosed said have to replace washer. The next day renter mentioned fridge stopped worked. Had to send repairm...
Anthony Clayton
Don't do Double Close Escrow for Short Sales
I have been seening alot of post of how to do double close in CA.
YOU CANNOT OR YOU WILL BE IN JAIL
Detectives label this transaction as "you a perpitraitor". You will be in p...