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16 October 2024 | 5 replies
NOI/Purchase price = CAP rate (what's typical in the area for similar building types/unit mixes Can the area demographics support the rental increases?
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16 October 2024 | 4 replies
If the tenant has a support animal, how to verify the validity of it?
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15 October 2024 | 3 replies
The area’s economic development is strong, supported by tech sector growth and proximity to several major cities like Nashville and Birmingham.4.
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19 October 2024 | 30 replies
if something is just sitting on the MLS looking too good to be true... then it's too good to be true.these properties are going to have higher costs overall, be in more challenging neighborhoods, have very gnarly deferred maintenance and capex, potentially have liens, be high turnover, and require expert, highly knowledgeable, localized support to be successful. see for example this thread.https://www.biggerpockets.com/forums/48/topics/1137397-balti...and even at those price points, i think cash flow is fairly low to non-existent if rehabbed to a high grade, especially with DSCR debt.
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16 October 2024 | 13 replies
It supports the local wolf population and other animals but not people.
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16 October 2024 | 5 replies
Some lenders might offer more favorable terms if the property is part of an affordable housing program.By combining grants, specialized loans, and local programs, you can reduce your out-of-pocket expenses for renovations and improvements while supporting affordable housing in your community.
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16 October 2024 | 5 replies
Networking is not just about making deals; it’s about building relationships that can support your growth as an investor.These financial lessons, particularly in real estate investing, have shaped my retirement planning and helped me build a more secure future for myself and my family.
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14 October 2024 | 0 replies
She was overwhelmed and needed help, so we stepped in to take care of everything for her.What made this deal different was the level of support we provided.
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15 October 2024 | 3 replies
A link to FilePlace is at the bottom of every page, so it is easy to find.If you have technical issues, send an email to support@biggerpockets.com and someone will help you.
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14 October 2024 | 6 replies
While it’s not required to take a snapshot of the phone call, you can keep call logs or email exchanges as backup for extra support if needed.