Benjamin K.
Bid Packages for Speculative Homes?
All,Does anyone who is building a spec house create a "bid package" and send it out to the local contractors for bids? Anyone GC themselves and split it up (site work goes to one group, framing to another, etc) and ha...
Yaya Y.
CoC and Cap Rate Correlation
Hi everyone,I was looking at an investment property that returned a 5% cap rate after renovations. The cash on cash return is basically 1%Can everyone give their two cents to what their cap rate is on your properties ...
Kevin Brown
Best Accounting Software
Hi,We own and manage two AirBnb's. We have previously tracked all expenses manually in google sheets and produced financials statements manually, also in google sheets. Transcribing transactions from bank statements...
Sean McCluskey
Deal Characteristics for Successful BRRRRs
Hey BP! I've been learning passively for awhile and am trying to find the right deal for my first BRRRR.I'm analyzing a SFH wholesaled deal in a high quality neighborhood, which would be acquired for $100k, which is a...
Amos Smith
Mobile Home PARK Depreciation IRS Schedule?
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
David White
Handwritten vs outsourcing letters
My partner and I are in the midst of our 1st marketing campaign. He wants to hand write the letters. He believes a hand written letter will be better received and is cost efficient. I on the other hand want to outsour...
Charles B.
Another new investor in the Bay Area...
Hello all, my name is Charles and I recently moved to the bay area from the midwest for a great career opportunity. I have always had an interest in REI, since my teens, but could never find enough resources to be con...
Eric Nickelson
conventional financing for Dallas/FW area
Recently I was unable to purchase a house ( for rental ) in the Dallas/Fort Worth area of Texas. Price was $85,000. I went through a couple mortgage brokers and a regional bank in California were I reside.
Debt to inc...
Brielle Phillips
First Home Buying Experience: What inspections should I get done?
Hello Everyone!This is my first post and I am somewhat new to the Bigger Pockets community.I am looking into buying my first home (duplex) and house hacking. The home was built in 1910 so I am nervous about major repa...
Justin Escajeda
Cannot Complete a MOBILE Home Park Deal
In the last year, I have been avidly trying to buy a mobile home park, I have had 2 (out of the maybe 40 that Ive spoke with owners) that were making progress. One, the seller and I came to an agreement on price, and...