17 December 2025 | 2 replies
.• Calculate a 12-month average of total utilities• Divide by unit count (or bedroom count if uneven)• Charge a flat monthly utility reimbursement as a separate line itemExample:$600 total utilities ÷ 2 units = $300 per unitYou might charge $150–$200 per unit and absorb the rest.Pros:• Predictable for tenants• Easy to explain• No submeter install cost• Works well when rents are below marketCons:• Owner still carries some usage riskThis is very common and generally accepted by tenants if disclosed clearly.2.
29 December 2025 | 37 replies
While you're at it, kindly explain the benefit to you of just gaining points this way on BP.
2 January 2026 | 191 replies
To back up this statement he shared with us a settlement statement that DOES NOT include the purchase price, it only shares with us what the "buyer" was charged after all the fees were accounted for.After myself, @Don Konipol & @James Hamling provided intense scrutiny of this document specifically missing the real info needed to see what the purchase price actually was, Ryan decided Mike Williams hadn't screwed up bad enough and felt the need to jump in and explain to us that Open Door refused to publish the full statement because they did not want us to see the "dozen plus entity names receiving fees"Ryan literally confirmed that Mike's explanation was a bold faced lie.
11 December 2025 | 16 replies
I'm writing this in December 2024, when every other question asked on the Bigger Pockets tax forum is about STRs. If you're not sure what the fuss is all about, read this older post first:https://www.biggerpockets.com...
19 December 2025 | 32 replies
I do not break them down into categories, however I explain what work was done in the memo line so if I want to know later I can print the report and add to an Excel spreadsheet.Attached are screenshots of a sold property.
26 December 2025 | 38 replies
It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-team-855-417-7107
21 December 2025 | 36 replies
I explain to clients before the search how the market is and usually advise them on their offer price for each place.
21 December 2025 | 2 replies
Explain to tenants that mold is most commonly caused by steamy showers, furniture against walls, and leaky pipes, ceilings, faucets.
14 December 2025 | 1 reply
One of the biggest mindset shifts for me moving from single-family to multifamily was realizing that cash flow and taxable income are two very different things.Depreciation and other non-cash expenses can significantly change how income is treated for tax purposes, especially in larger properties.I recently put together a short video walking through this visually using a multifamily case study, in case it’s helpful for others who think better with examples: https://www.facebook.com/share/v/1FwE9RA4Pj/Curious how others here explain this concept to newer investors.
24 December 2025 | 182 replies
Can you explain a bit how Podio failed in automation.