Robby Sanchez
stupid question time!
30 December 2024 | 6 replies
@Robby SanchezBridge loans are short term and if they default or mature in many instances the interest rate doubles - so make sure you have a very solid exit planI see many get a bridge loan and realize they don’t have the 25% equity in the deal to refinance to another loan and end up getting wiped or foreclosed on because they never researched what they needed to be at on the back end when they were refinancing.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
For instance, my PlayStation was stolen, and because my cleaner didn’t catch it in time, we couldn’t identify which guest to hold accountable.
Kyler Tarr
Knob and tube wiring
27 January 2025 | 18 replies
For instance, if it's a small portion and you indicated during initial intake/application that electrical is updated they wouldn't have any way of knowing.
Zach Howard
Financing options for non-US citizens
2 January 2025 | 21 replies
Hey Zach, lots of reasons: 1) Local Expertise: For instance, My primary states are Hawaii and Washington.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
For instance - Easter baskets, Halloween candy, fun craft beers for St Patty’s Day, tons of options for Valentine’s Day, small tree and decor set up for Christmas, etc.
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
I think in this instance it would be better to do one investor per deal rather than doing it as a fund and hypothecate each deal as it comes along.
Chris Agun
Using home equity to finance a multi-family
2 January 2025 | 5 replies
For instance, one investor I worked with used it to jump from a duplex to a 4-unit building in Phoenix, effectively doubling their rental income as well as the forecasted appreciation rate on their new property.
Allison Park
Expectations of Investor Buyer's Agent
6 January 2025 | 15 replies
It might just be every rare instance we get someone that doesn't want to list, just needs cash offer and quick close lets say before foreclosures and they might call on Friday when the sale is the next Tuesday.
Salome D.
Multifamily Passive Investing
24 December 2024 | 23 replies
Here are a couple of developers you should take a look at Trion Properties, their principal Max Sharkansky posts here on BP, https://www.biggerpockets.com/blog/top-5-markets-multifamily-rentals-2019and Feldman Equities out of Tampa (3rd generation real estate family famous for having built the terminals at Chicago O'Hare) who are among the only ones opening up downtown skyrise office buildings to accredited investors.
Jake Andronico
Just met w/ a developer - housing affordability may get much worse.
27 January 2025 | 23 replies
For instance, people from the Bay Area are moving to Antioch and Hollister, Sacramento residents are relocating northward and south to places like Elk Grove, and Reno residents are moving to Dayton and Fernley.