Clarissa Finks
Feedback on Management Platforms (Baselane? Stessa?...)
15 November 2024 | 6 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
Every “resume” is going to be biased to make the individual look better than they are, but a hard reading and further research should uncover some hard facts.To include some humor, here are some “facts” I’ve seen provided on syndicators websites, and what I think the reality is1.
Christian Licata
in need of some advice/guidance
14 November 2024 | 6 replies
As we got into what was supposed to be just a cosmetic rehab we uncovered several things that set me back by about 5 months and $40K.
Harrison Pruett
Newbie Here! | Tips, Tricks, & Advice Appreciated!
14 November 2024 | 25 replies
Those who do understand it aren’t struggling.Here’s the common flaw: people think a circumstance equals motivation.Foreclosure = motivatedTax lien = motivatedAbsentee owner = motivatedThat’s just not true.Motivation is an emotional response to a circumstance, not the circumstance itself.Let me give you an example.
Saad D.
Is the 1% rule dead?
22 November 2024 | 92 replies
The 1% rule incredibly flawed, even as a short form underwriting technique.
Mitchell Gunlock
How do I budget time
13 November 2024 | 5 replies
The deeper issue behind analysis paralysis may be some underlying fear, hesitation, and/or anxiety that you have to uncover and work through.
Michelle Glover
Lots of offers but appraised low
19 November 2024 | 26 replies
I was not in the industry at the time, so I am not exactly sure who that 3rd party was, but I would say there is recourse if the appraisal is fundamentally flawed.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
It is uncontrollable, unlike every other currency which can be manipulated.US Government has been uncovering massive money laundering operations linked to crypto.
Jacopo Iasiello
How You do your Research
8 November 2024 | 1 reply
And what’s been your biggest ‘aha’ moment in uncovering hidden opportunities?
Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
20 November 2024 | 37 replies
im new to this just bought first duplex and am house hacking. been keeping up w bigger pockets and before that dustin heiner' podcast. being green, even i know that you never buy/acquire negative cashflow. thats just dumping money down the toilet. second, every real estate guru will tell you never bank on appreciation. thats gambling. home prices are at an all time high, if nything you bank on your property depreciating some and then returning to purchase price HOPEFULLY. you imagine your worst scenarios, lowest rents, longest imaginable time of vacancy, most drastic uncovered repair/situation, over estimate expenses. create your buffers. if the numbers still work then, then you buy. if the numbers work and you casah flow $250+/month i say go for it. it hard to get above that without significant down payments or finding a rare steal. at this time i think best value and only way to guarantee any kind of appreciation is to buy low and rehab.