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27 January 2025 | 2 replies
Get a job in property management.
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25 February 2025 | 8 replies
Plus, these properties are usually sold as-is, so an inspection wont change much.What experienced Flippers Do InsteadBring a Contractor Instead A 15-minute walkthrough with a good contractor will tell you what you need to know.Know Your Numbers Upfront If you price in a repair buffer, minor surprises wont kill your deal.Use the Inspection Period (If Allowed) Some wholesalers offer a short due diligence window use it wisely.When an Inspection Makes SenseIf you’re new and not confident in spotting costly repairs.If its a high-end deal or potential structural issue.If your lender or partner requires it.If you do need an inspection, find an inspector who moves fast and work directly with the wholesaler to coordinate access.
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19 February 2025 | 14 replies
One suggestion to consider as I mainly do BRRRRs as well- find a local bank or credit union in the area you plan to buy that offers construction loans.
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9 February 2025 | 8 replies
Did you use a broker and did they use the Realtor Offer to Purchase and Contract?
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3 February 2025 | 4 replies
I am at an inflection point where I need to decide if I should try to sell or rent it due to possibly moving for a job change.
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3 February 2025 | 1 reply
I offered her before this event to move out and honor deposit back even contract building is 6months lease also wafted some negotiation with HoA they offered to move her to alternative unit.
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29 January 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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31 January 2025 | 6 replies
Hi BiggerPockets team,I am a rookie US real estate investor searching for financing options for my first deal.Personal ProfileCitizenship: IsraeliI do not have US citizenship or a long-term visa.Investment GoalsLong-term rentals in good B/B+ locationsLow-maintenance propertiesKansas City, MO/KS, or its suburbsI am familiar with what https://lendai.us is offering, but I am trying to find other alternatives.Thank you!
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2 February 2025 | 0 replies
I initially offered $200K in cash, but the seller countered at $240K.
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19 February 2025 | 15 replies
I may be biased, but I believe our group will have the most value to offer to you in the Lansing area. - Troy