Michael Smith
Flipping Houses - Journal Entries in Quick Books
Hey BP! I'm currently mid-way through my first rehab, planning on building a scale-able business and turning over at least 5 properties next year.Up until now my Chart of Accounts in Quick Books has been set up to han...
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
Hi everyone, first ever post on BiggerPockets!
I'm looking for advice on a situation with an investment property my business partner and I purchased in June 2024 under our joint LLC in Springfield, OR. Here's the bre...
Andrew Ellison
Is adding a ADU worth it?
My 45,000 square foot property in Maili, Honolulu, is zoned R20. I have tentative approval from the City and County to subdivide. My question, is adding a ADU to the front property, already has a single family home on...
Zee Ayezain
Unauthorized Pet - What should I do?
Hi BP Community,
I have a tenant that currently has a cat that is allowed per the lease for a one time non refundable fee and monthly pet rent. They asked about getting an additional pet which I allowed for an add...
James McGovern
Where can I find building plans for a gutted multifamily built in the 1900s?
Looking for building plans for building similar to the photo. I have the opportunity to purchase a fully gutted building at a great price. The numbers don't pencil out if I have to hire an architect to draw the plan w...
William Hucks
Is it too good to be true?
I have been looking at multifamily properties in my area and when I run the numbers with the current rents, buying for a price 10-15% below what it's listed for, and being very conservative (assuming the worst) with m...
Leon Doucette
Contracts for rehab contractors
Hi BP!I'm a huge fans of David Greene's BRRRR book it was one of my first reads. I have since referenced the book numerous times. I've actually used alot of the systems talked about in the book to scale my business ...
Julio Gonzalez
Cost Segregation Study on Knoxville Apartment Complex
A cost segregation study was performed on this apartment building in Knoxville, TN with a depreciable cost basis of $17,323,250. The property is 4 stories and 93,542 square feet and was constructed in 1989. The proper...
Andy K
Should we file for "motion in limine" during eviction ?
Hi all,We had to recently file for an eviction of a tenant in Southern CA. When the unlawful detainer was served to the tenants, they responded back to the court saying that the unit had habitability issues. This seem...
Ema Silva
In-Law being rented out, Potential Issues?
I am looking at a property, in MA, that is a legal 3 unit with a legal finished in-law basement. Currently the basement is being rented out per room. What are the potential risks and is it worth it?