Grant Woodward
Post cleaning pictures?
26 December 2024 | 9 replies
I have had around 100 stays (~35 with the current cleaning company) and no complaints about cleanliness ever, but in the event that there is an issue in the future, I can see how having pictures to confirm or dispute the guests complaints could be of value.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
Eric Miller
Better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
27 December 2024 | 13 replies
It is not really apples to apples, but generally speaking the more money invested the further ahead you will be eventually in the future, just because your compounding base is higher, regardless of where the money comes from - ie, 4 300k properties are 1.2 million on property, which is double the 600k property.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
IT will save you time and cost less than gas.The AI can also look at your past deals and generate a marketing list of similar owners.It has been getting amazing reviews since we released in November 2024 That sounds like a great idea, does it pull from google images that were recently taken?
Alex Fenske
I bought a neighborhood strip center and brought no money to the closing
24 December 2024 | 1 reply
After I fill the last vacancy, the building will generate as much cash flow in one month as its predecessor would have generated in a year.There are so many other stories whose origins are with that same knock on the door, but this one's already long enough.
Ed Long
How Do You Decide If a Borrower Is a Good Fit?
18 January 2025 | 4 replies
In addition, we pull our own comps and use Lightning Docs to generate our loan documents.
Derek C. Thompson
ATM Investments fund
28 December 2024 | 13 replies
Given the demographic of unbanked and underbanked population, the demand for cash will not go away in foreseeable future.
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
When you buy a property with the intention to Airbnb Househack, you can find a better layout to make it more separate / private but start with what you have, Get temporarily uncomfortable so that you have a comfortable future.
Daniel Borgenicht
Investing in a condo as a long term rental
13 January 2025 | 3 replies
Hello Everyone,My name is Daniel and I’m looking to invest in real estate to diversify and generate cash flow.
Damian Walker
Social Media & Motivated Sellers
21 December 2024 | 8 replies
Set it up so they can give you their name and email address so you can contact them in the future to learn more about their property.Create Facebook and YouTube Videos about Your Real Estate Investing BusinessLastly, having a presence on YouTube and Facebook Live video will definitely get you in front of the right audience.