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Results (10,000+)
Kathryn Grimm Managing out of state multifamily units
18 February 2017 | 3 replies
He/She would have contacts for PMs that could be trusted.Lastly, your eyeballs can not be replaced by email or texting - - schedule time for an onsite visit and interview the Agent, PM prospects and to see some candidate properties.
Benjamin Rogers is a commercial loan necessary for first SFH?
17 June 2017 | 3 replies
By Commercial if they mean they will have to review it as a income producing properity, but you can still get it as a 30 year mortgage (in your name), then yeah... that does not matter, it is their internal paperwork.Figure out what they mean, and while you are waiting, visit other banks.
Blake Morgan Opportunity to inherit two apartment buildings
20 February 2017 | 19 replies
Make sure you run your number to confirm the property can carry the debt service costs.Once a month is more than enough to be on site, make sure the management company doesn't let things go and that can be a nice trip to take with your dad to go see the property (unless you were involved all these years, you'll need his experience to identify things that might need attention and are not taken care of).On top of the on-site visit, schedule a weekly meeting (can be a web session like Zoom or GoToMeeting) with the PM to go over the property status and the finances.Lastly, I'd install security cameras on the properties so you can check in remotely at random times and see what's going on at the property.Once again, this is just what I would do and as I said in my previous post, I'd start all that with a meeting with an estate lawyer and a CPA.
Joseph Hennis Thought experiment. What would you do in my situation?
24 February 2017 | 37 replies
When my mom visited my sister who lives in Utah last year, she just had to go see them.
Clint Muzzy Puzzling on how to make this deal work...
20 February 2017 | 4 replies
Then we'll rent the property up and enjoy our monthly cashflow for the years to come :) This deal is unique because it's lipstick flip (interior & exterior paint make up 80+% of our renovation budget).
Brent T. New member from Southern CA
3 January 2016 | 16 replies
Did you visit the properties and meet the team before hand ?
Andrea Tapp Currently in Oklahoma looking to move to New Mexico or Colorado
28 December 2015 | 6 replies
Also if you come to Fort Collins soon, make sure you visit Snowy Range Ski Resort in Wyoming!
Jamie Hinrichs Help becoming a better landlord in my HOA
5 January 2016 | 5 replies
After a visit to the property and a conversation to the owner I searched BP for some sample follow up letters to tenants concerning HOA violations.
Jarrett Shippen New from Delaware
28 December 2015 | 5 replies
Your time here will be well spent.Since your interest lies in multifamily units, I added the below links for your review.https://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/ (How to buy a smail multifamily property)http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex) https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?
Account Closed Thoughts on real estate agents carrying firearms...
5 January 2016 | 89 replies
You can visit the local police department and get the answers to those questions.