Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Drago Stanimirovic

Drago Stanimirovic has started 10 posts and replied 443 times.

Post: Question about contract

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

You're asking all the right questions, Julia.

The 15% O&P is standard and usually applies to labor and subs, not materials you’re buying. Since it wasn’t in the original budget, it’s fair to revisit total costs before signing. Payment schedules often follow progress milestones (like 30/30/40), and sub budgets can shift if scope or prices change, so make sure that’s all clearly written into the contract.

Sounds like a great first project, trust your instincts.

Post: New to the community

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

Welcome to the group, Shawn!

Sounds like you and your wife have a solid start with both flips and rentals under your belt. Missouri has some great markets for long-term investing, and this community’s a great place to keep learning and connecting with like-minded folks. Looking forward to hearing more about your journey!

Post: Owner, developer, investor

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

Welcome, Paul and wow, 40 years in NYC multifamily is a serious legacy.

Sorry to hear about the regret with DSTs you're definitely not alone. They can be appealing for 1031 deferrals and passive income, but the lack of control, fees, and limited exit flexibility catch many seasoned investors off guard.

Post: Transferring ownership to my LLC

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

Hey Ben,

Transferring to your LLC likely won't trigger capital gains if you're the sole owner, but some counties may treat it as a taxable event, check with a local CPA. Also, lenders may not allow the transfer during or right after a refi, so confirm their policy first. You're right that LLC ownership is safer than personal name, but multiple properties under one LLC still carries some risk.

Post: Hi, excited to be here

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

Welcome, Sergey!

Great to have you here. Southern California is a competitive but rewarding market, smart move starting with rentals. Feel free to ask questions anytime, especially around financing, deal analysis, or market strategy. If you ever need help running numbers for your first deal, I’m happy to help.

Post: New Out-of-State Investor Targeting Columbus, OH

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

Hey Roy, great to see you getting started with a clear plan, Columbus is a solid market for BRRRR, but it's very block-by-block. Some areas look great on paper but can have tenant or rehab surprises, especially with older homes.

Having a local team you trust agent, contractor, PM is critical. Happy to help you run numbers or structure your first deal.

Drago

Post: New Investor in Parma Heights, OH – Buy-and-Hold Rental on Pearl Road

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

Hey Oleg, welcome to the community! Great job jumping in with a solid deal, buying at $142K with a $300K ARV and targeting $3K/month rent is strong if the rehab supports it.
Let me know if you need help running the numbers or getting funded. Best,

Post: Struggling to Secure Financing for Multifamily Property — Any Advice or Resources?

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

Hey Nick,
We can definitely help, as we have extensive experience with multifamily properties and creative financing solutions. I’d just need to know more about this project, feel free to reach out directly so I can assist you in the best way possible. Regards,

Post: Bigger Down Bigger Gain?

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

Hey Tom,

You’re thinking through it the right way. Putting 50% down will slightly improve cash flow and reduce risk, but your cash-on-cash return won’t jump much since you’re investing more capital. That said, if you're prioritizing simplicity and stability over scale, one well-performing property at 50% down is a smart, conservative play, especially compared to CDs or dividend stocks.

Going with two properties at 25% down would give you better leverage and higher overall returns, but also more management and complexity.

If you want help structuring financing that fits your goals, happy to connect.

Post: inspect property and analyze different deals and loan options

Drago Stanimirovic
Posted
  • Lender
  • Miami, FL
  • Posts 480
  • Votes 215

Hey GP,

You’re asking all the right questions. For quick deal analysis, check out the BiggerPockets calculator app, it’s free, works well on iPhone, and gives solid numbers fast. I also have a simple Excel sheet I can share if you need one.

Your buying criteria are sharp, you're clearly trying to avoid major headaches. When inspecting before hiring a pro, focus on roof, HVAC, foundation, water damage, and electrical panel. It’ll save you time and money.

For financing: hard money works for flips but carries higher costs. For rentals, DSCR loans are a great option—they're based on the property's cash flow, not your personal income. If you're analyzing deals often, I can help you structure financing and review options.

Feel free to reach out anytime!