James Jones
New Investor Scaling Through Care Homes and Assisted Living
20 January 2025 | 10 replies
Helping others navigate this unique and impactful business model has been a rewarding part of my journey.Now, I’m looking to scale by incorporating the BRRRR strategy—acquiring undervalued properties, rehabbing them to meet care home standards, and refinancing to reinvest.
Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
Only screen applicants you are serious about and screen your top applicant, if they come back meeting your criteria, don't screen any of the others.
Ryan Napman
New BP Member - Canadian Resident
20 January 2025 | 4 replies
I also hope to continue to grow my network and meet other like minded individuals and mentors to help advance my investing business.Cheers!
Caroline C.
Florida condo board question - help for a non-board owner
19 January 2025 | 0 replies
So far, Board hasn’t spent the funds from 2023, but they also didn’t move funds back to Reserves after it was pointed out at the annual meeting that the funds are in the wrong place.
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
Unless the medical condition meets the state criteria for early termination and that the medical notice does not appear to suggest that, you cannot terminate the lease outright/immediately but that you will begin to market the property for rental and upon securing an acceptable tenant, the lease can be terminated pending a satisfactory property walkthrough indicating no damages.
Timothy Frazier
Hard Money Loan
17 January 2025 | 15 replies
This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations
Jeffrey Farkas
Seeking brokers and investors of 30-100 unit properties
20 January 2025 | 4 replies
JeffWe lead a couple investor meet up groups in person and live stream about the Central Ohio real estate market.
David Robertson
Hello BiggerPockets Community!
16 January 2025 | 3 replies
thank you i hope to meet tons of people here!
Mel Rosario
Help with Apt insurance in California
17 January 2025 | 3 replies
Please advise.ThanksMelAllstate: They offer a range of property insurance options.Farmers Insurance: Known for providing various insurance policies, including for rental properties.Liberty Mutual: Has a presence in California and may be able to meet your needs.Nationwide: Offers property insurance and may have suitable policies.Good luck in finding the right coverage!
Hunter Burnett
Just Starting and Willing to Help to Learn
18 January 2025 | 2 replies
I'd highly recommend attending some local reia meetings.