Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
And a PM that manages 10k units as part of the GP entity, with equity invested, will be taken more seriously than a XYZ property management (who manages 200 units total) has said they are open to managing the property when I close.Lastly, even in the "easier" market timing of the early and mid 2010's, most people when they get started are looking at deals for about 18 months before the first one is awarded and closes.
Veronica Cervera
Can you wholesale a deal that is active with a real estate agent?
7 January 2025 | 1 reply
All end buyers can see it on the market now and can buy it direct so what would the point be of you locking it up on assignment and then asking people to come back and buy it when they already could have bought it without paying you spread in the middle.
Don Herr
Don Herrick - New to Real Estate Investing
8 January 2025 | 6 replies
Want to connect with like minded people in the area.
Alex Silang
A development company as a catalyst to drive owner occupancy in a "slum"
3 January 2025 | 2 replies
But I think if I can get enough people on board it could work.
Nicholas Nakamura
Investing in Ohio-Specifically Section 8
5 January 2025 | 33 replies
@Nicholas Nakamurain order to be successful, you will need to build a network on the ground in Ohio with people you know and trust. buying a random property on the MLS in unknown condition based on other people looking at it, and putting it under management with people you have never met, will not work, and you will lose money.https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...so - what's your plan?
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
Class C transitioning to Class B: more renovated homes, higher income tenants and homeowners moving in, nice cafes, shops, restaurants, coffee shops opening up.An extreme example of Class C to B is in San Francisco - when I was a kid, what was not a safe neighborhood and had lower income people, is now in high demand and tech workers making $200,000+ are living there and people walking around at night going to restaurants and shop.
Steven Catudal
Investing in Alabama as out of state investor with a partner
15 January 2025 | 12 replies
so, you're maxing out debt service which makes it tougher to cash flow.with that said, no matter the purchase strategy, you should always make sure you're using actual numbers, and not random assumptions.for example - some people will throw out '10% for capex.'
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
So it's listed for $79 on the hotel site, and $189 on Airbnb, if it gets booked on the hotel site AirDNA will just use the Airbnb price of $189.But most people have prices the same, or at least similarly close, across platforms.
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
It's people like you who cause folks who would actually benefit from an ESA to be painted with the same broad scammer brush.
Cristen Marcotte
DO NOT USE STEADILY INSURANCE
19 January 2025 | 15 replies
I have warned countless people that the "new", "Cheapest", and "shaking up the insurance market" carriers typically come into the market under priced, have a wave of claims, then they either jack up premiums to survive or fire their staff to keep heads above water.