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17 April 2024 | 9 replies
Multifamily investing can be a lucrative venture but requires careful planning and understanding of the real estate market.
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16 April 2024 | 2 replies
Hello BiggerPockets Community,I'm currently in the early stages of planning my investment journey and considering whether to enlist the help of a fiduciary financial advisor to get my finances in order first.
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17 April 2024 | 1 reply
Plan to light rehab and raise rent if/when current tenants start leaving.
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15 April 2024 | 26 replies
It is my understanding that if you enter into the lease knowing of the foreclosure and placing a tenant anyway, then the lease is essentially deemed invalid as you and the tenant knew that it was a matter of time before they were evicted.Also there is an assignment of rents in residential mortgages as well, and doing this may open you up to a lawsuit by the mortgage holder since you essentially stole potential rent from them.And finally if the plan is actually to buy an HOA lien and wait until a foreclosure, I think that falls under unethical practices and would never do that, or encourage anyone else to either.
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17 April 2024 | 2 replies
My plan was BRRRR.
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15 April 2024 | 19 replies
We do not have the BRRRR Bootcamp planned for the Summer, but may have it again for the Fall Bootcamps.
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17 April 2024 | 4 replies
It’s very common in today’s environment that not only are deals too tight for an Agency exit today, but the value add business plan was delayed for any reason whether it was a change in management, slower lease up than anticipated, and now the property is trending positively each month towards Proforma numbers, but needs a bit more life, there are ways to get it done!
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15 April 2024 | 7 replies
She is in the final year of her ministry program but also is a full time remote worker for an accounting firm in her home country of Colombia.
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16 April 2024 | 11 replies
I am just curious if the plan is workable and if there is anything I miss or need to rethink about.I realize that I don't know much about property management company, if I am going to invest in Texas.