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Results (1,684)
Anthony Blanco New Investor Seeking Guidance on Syndications
23 April 2024 | 14 replies
i think there is a misconception that a syndication is like a savings account... although this OP seems to have a strong understanding.if you have 25K to your name... or even 100K... you're not ready. 
Lenza M. Is Holton Wise Sale of Quad in Cleveland a Scam? (7809 Franklin)
20 April 2024 | 100 replies
I think there is this misconception among people who want to buy properties that Brokers and / or Agents are just running around willing to be their patsy.
Prithwish Mukherjee New to real estate investing - part 2
15 April 2024 | 3 replies
One of the biggest misconceptions I see from beginners (I'm guilty too) is that you set an ambitious goal & then search for the magical city or the MLS listing for a property that matches your goal.Best motto I heard from my mentors "Great deals are created not found." 
Alex SImon Ohio Cashflow LLC
21 April 2024 | 240 replies
G'Day everyone,Today I'd like to talk about a few misconceptions that I see in the market.I've been reading about many investors believing that they are getting a better/safer deal if they are using leverage.They believe this because of the fact that most lenders require an appraisal and a building inspection.So let me explain a few things and burst your bubble lolMany operations like Ohio Cashflow's will usually have a monopoly in the region that they operate in.They tend to be the biggest buyer in town so over time they establish relationships with city inspectors, judges, lenders and "Yes" building inspectors and appraisers.Many will enforce you to go through their "trusted lender".This might be to make the process smoother but it can also be to influence the end result.After 10 years in the business and 1,000+ deals under my belt, trust me when I say that it's not that hard to influence a building inspector or appraiser to "Bat" in your favor.Also, just think about the thousands of comparable sales sold by the same company that can now be used as a comp when conducting an appraisal on the target property.I don't really have a dog in the fight because we loose 90% of business due to our stubborn "No financing" policy.But I just want to point out some things to folks that might not know/understand how the wonderful world of real estate works.We sure do loose a lot of business because of our ways, but to be honest I'm proud of it as our boutique approach has enabled us to have one of the best reputations in the business.Recently a few folks have mentioned that Ohio Cashflow does not allowing building inspections or appraisals.This is not true.Every investor can freely conduct both.We just state that we won't fix all of items that the building reports shows.Why?
Nelson Badillo Looking to house hack after starting from ground zero - Need any advice
11 April 2024 | 10 replies
The second thing I wanted to address was the misconception that you can only have one Va loan at a time.
Adrian Jenkins Short term rental loophole in LA or OC, is it even possible?
8 April 2024 | 1 reply
You don’t necessarily need to be local but there are also misconceptions and rules to follow:https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals
Rajiv R. Negotiating Closing Costs
2 April 2024 | 9 replies
It's a misconception that lenders control all costs.
Roy Mitle Renter demand laundry and dinner payment because appliances broke
4 April 2024 | 42 replies
You suffer from the misconception that landlords and tenants are equal parties in the contractual relationship.
Chelsea Allen Delayed financing or DSCR loan
1 April 2024 | 5 replies
That's a common misconception, especially for new investors.
J Scott Controlling Your Appraisals
3 April 2024 | 83 replies
As an Appraiser, I wanted to clear up some misconceptions which are being propagated.