14 November 2025 | 0 replies
Hey BP,I’m reviewing an infill lot in the Spartanburg SC area and wanted some local insight from builders or investors active in the Upstate.Basic details:• Sierra Rd area• ~7,350 sq ft• Public water/sewer at street• No HOA• Several new builds nearby in the $260k–$265k range• Needs clearing/gradingI posted the full breakdown in a Classifieds listing per BP rules, but I’d love to hear from anyone familiar with recent new-build activity in this pocket or who has experience building in this part of Spartanburg.Thanks for any feedback.
17 November 2025 | 11 replies
The IRS wants to see that you’re actively directing and managing the business — things like approving budgets, coordinating repairs, analyzing performance, and making operational decisions — not just reviewing reports or responding to occasional updates.So while it’s not impossible, it’s rarely achievable unless you’re very hands-on, even from a distance, and have solid time logs to back it up.If you’re interested, I can share a free REPS tracker that helps you record and organize your hours.
12 November 2025 | 4 replies
If not, what evidence did you provide to the review committee ?
16 November 2025 | 1 reply
But the spouse/partner isn’t screened by anyone, and that is where most landlords get burned.Here’s how most experienced MTR owners handle it, and what I’ve seen work best:Screen them as a household, not just the nurse.If two adults are living in your property, they’re both legally responsible for rent and for whatever happens inside the unit.
22 November 2025 | 5 replies
Need an experienced broker.
22 November 2025 | 5 replies
Tenants tell me about lease prep fees deducted from security deposits, annual financial suitability reviews with an added fee, yearly tenant insurance checks with an added fee, pet registration fees (separate from pet rent or pet deposits), annual inspections charged to tenants and other small add-ons that feel like nickel & diming.Are margins really so tight that landlords have to manufacture revenue through these junk fees?
10 November 2025 | 7 replies
I have a question about the tenant review part you mentioned.Is it actually possible to find out things like a tenant’s age, income level, or DHCR registration history before making an offer?
23 November 2025 | 30 replies
At the same time, keep building relationships, even a small network of experienced investors will accelerate your learning curve more than any book.Both small multifamily and syndications can work together if you approach them with patience and due diligence.
15 November 2025 | 3 replies
Quote from @Jeremy Libby: New sales agent looking to connect with experienced brokers to find a brokerage that is the right for me.
17 November 2025 | 6 replies
A part of this as an REI is ensuring you have crystal clear financials down to the property level, actually reviewing them regularly, and using them to make better decisions.