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25 February 2025 | 21 replies
@Sami Gren I would not recommend accepting rent through a random App that you did not set up yourself.
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13 February 2025 | 17 replies
I get that you’re trying to drum up business for your interior design services, but i’d recommend replying to other people‘s posts with helpful info, not spamming this forum with new posts that don’t introduce anything insightful.Finally, for folks reading this, I would add that there are amazing interior designers in places like Romania and Brazil and Sri Lanka who will do complete redesigns for you at very inexpensive prices.
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24 February 2025 | 7 replies
That's good perspective, it's a win/win for them as long as they don't start thinking that they can make an easy buck and pass expenses on.Do you have any experience or recommendations on best practices when screening a property management company?
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30 January 2025 | 8 replies
I see that you recommend NOT having my mom deed the house over to me in order to borrow against it.
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29 January 2025 | 22 replies
However, the biggest con is that you are sacrificing a bit of your privacy by living right by your tenants and it is usually a lot more stressful since everything is your responsibility - managing tenant issues, handyman repairs, taking care of the lawn, etc.I would strongly recommend house hacking especially in the Columbus Ohio market!
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4 February 2025 | 13 replies
@Andrae S Wiggins recommend you upgrade your BP membership to Pro to access the BP Calculators to evaluate rental purchases.Play with the numbers to figure out the purchase price that gives you your target ROI.That's the number you'll need to make an offer at, NOT what the seller is asking.Yes, you will get a lot of rejects, but whoever said investing was easy?
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24 February 2025 | 14 replies
A negative review from a tenant could be a positive review for an owner.Networking: Use forums like BiggerPockets for recommendations, but conduct thorough research yourself.Initial ScreeningNarrow your list to 5-10 candidates by reviewing their websites and scheduling Zoom interviews.
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29 January 2025 | 14 replies
-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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27 January 2025 | 12 replies
If you’ve worked with trustworthy contractors or subcontractors in the Jackson County/MO area (especially those familiar with investment properties), I’d love your recommendations.
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2 February 2025 | 22 replies
Are there any other neighborhoods you recommend?