Michael Ellis
When does your Portfolio turn into a “Business”
This may be a loaded question but how or when does your real estate portfolio turn into a “Business”? Meaning at what point do you hire employees, quit other income streams etc… Is the money coming through cash flow f...
Graham Storey
Multifamily Rehab Estimation
Hey everyone, I am looking at a 8+ unit multifamily property in the Raleigh/Durham market and I am trying to get a good estimation of what it's going to cost to renovate. The units are 850 - 900 SF.
Does anyone have...
Chow Ahmed
How to Assess a Buyers Market vs Sellers Market
Hello BP!What are some resources you can utilize to determine whether a market is currently a buyers vs sellers market?So far I try to look up the rate of new builds vs the rate of homes closing by way of Googling. I'...
Myka Artis
Wholesale contracts
I need some help on the structure of wholesale contracts. I was at a seminar and they say all your deals are based on the structure of the contract. Would someone mind expanding on this? Thanks.
Adrian Williams
Property Manager Lives on Site
Hello, we just purchased a total of 10 doors between 2 properties. At one of the sites the guy and the previous owner were married so he managed the property. He no longer has rights to the property (they divorced and...
Barry Russell
Tenant request about outdoor lighting
Hello all, I am seeking advice on a tenant request. My tenant requested me to install a motion sensing light in the driveway as they have indicated that it is very dark and they feel unsafe at night. I need to do an a...
Julio Gonzalez
Cost Segregation Example on California Apartment
If a Cost Segregation Study had not been performed on this $883,000 Apartment Complex located in Vista, California, it would have had first year depreciation of approximately $32,700. Thanks to the Cost Segregation ...
Phuong Tran
Limited POA for real estate form
I will be out of town for the closing on a property I am buying with co-investors who live in NC. They will be signing at title company in NC. Is this form the correct one for me to assign limited POA to cover real es...
Jessie Park
Seeking advice on finding a good real estate agent
Hello, I recently joined BiggerPockets, but have been contemplating real estate investing for a while. I believe it's time to take action this year by acquiring rental properties and learning from experience instead o...
Paul S.
Trash Outs
I just wanted to get a consensus from the BP community on trash outs. When you purchase a property or are doing a changeover of tenants and there is a significant amount of trash/personal belongings left behind what d...