Mike Redondo
Question about physically visiting potential properties
Hi all, I'm a new BP pro member, an attorney and homegrown Miami, FL guy and I am looking to find a market other than South Florida to find my first multifamily deal. I'm in the position where I have cash to invest b...
Roman Randall
Should I be physically visiting my LTR properties once a year?
I own two long-term rentals (single family homes) in Colorado. I haven't physically been inside either property for years; I've only driven by each house 1-2 a year. Each of the tenants are great, they always pay on t...
Ty Mathews
How often should an out of state rental be physically visited?
Hi everybody, This is my first post, glad y'all are here talking about this stuff! My question is about owning rental properties that are more than 500 miles away. Some RE investor...
Melanie Baldridge
"Does the IRS require site visits for cost segregation studies?"
A question that we get:
"Does the IRS require site visits for cost segregation studies?"
While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conduc...
John B.
Do most long distance investors see the property in person before buying?
Hello, just finished David Greene's "long distance real estate investing" book. Do most of you when buying anything from 3-10 units physically go see the property if its out of state? What do I know the inspector wont...
Esteban Cardenas
When investing out-of-state, do you really need to visit area?
I'm a new investor looking to invest out-of-state and have heard its recommended to physically visit the area you are interested in. What exactly are you looking for or trying to accomplish with this visit? With tod...
Hank Wu
Moving around to different investments affect your children?
We have one small daughter, and am worried that moving around to different property investments could have a heavy impact on our little one as she enters school. Does anyone here have any experience with moving your ...
Weina Shi
Self Storage Kiosks and Payment Processing (ACH & CC Options)
Hi fellow investors,
What are some of the best options for rental kiosks and payment processing systems (ACH & CC)? Can you pass on the credit and payment processing fees to tenants?
Thanks.
Joe P.
Best Advice/Practices for Tenant Management
One area that I fear I struggle in is tenant management, or lack thereof. I was burned by my last tenant (and really, my own decisions) because I think I allowed some things to spiral out of control.Rent-wise, no exce...
Atanas Angeles
Heloc on a primary residence
Hello,I have a significant equity in my house, where I live. Would love to use a Heloc to fund part of the construction of an 1200 sq ft ADU I don't know what company or financial institution I should work with for t...