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Much of this thread is repost of parts of other threads and blogs from a year ago. I"ve been continually asked about this subject and there are lots of newbies on BP that may benefit from this.
I want - to start wit...
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Hi all,Im currently holding a property under an LLC last November. I hired a CPA to do our taxes and bookkeeping. Recently, he sent me an invoice for all his services. It was about $550 for the tax returns, which is q...
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So I'm new to the multi-family arena. I spoke to a few agents and brokers and let them know my interests and what a had for a down-payment and this off market deal was presented to me:24 units selling for 1.1 millio...
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Someone asked about whether or not they should hire a coach or mentor from a different thread in the "Starting Out" forum. @henryclark was nice enough to offer free assistance. I jumped on the offer immediately becaus...
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What is your definition of Commercial Real Estate? I know many on BP consider Multi Family to be commercial R.E. Others believe that it's any real estate used for "business" purposes, still others consider any propert...
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Lots of people have asked me how to start doing a "Rental Arbitrage" in STR (short term rentals - Airbnb is most popular but VRBO is another way).Rental arbitrage is you as the investor rents a home and becomes the te...
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Hi all,
New landlord here again...
So what do you normally do between tenants besides change the locks? I'm talking in an ideal world, where the tenant has left the unit reasonably clean and there are no outstandin...
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There are literally hundreds and hundreds of clauses that you can find throughout BiggerPockets that people add to their leases. However, in all my searching, I wasn't able to find one single source that lists all ...
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On your properties how much do you set aside for repairs??
Wanting to see what everyone does to get an idea.