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Results (10,000+)
Penny Malone New Investor looking to do some great deals
26 July 2024 | 19 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
Alan Johnson When Are Assignment Fees Paid?
25 July 2024 | 10 replies
My $10k example was admittedly unrealistic.However, by way of further background, @Dustin Heiner wrote an excellent article on this topic on his website masterpassiveincome.com titled "What to Do When A Buyer Backs Out From An Assignment Of Contract".In it he suggests a scenario where the assignee decides not to proceed, perhaps after discovering a big ticket repair item that would cost significantly more than the portion of the assignment fee held in escrow. 
Robert-Lee Pass Inspection Day !
22 July 2024 | 1 reply
I would recommend reviewing this 5000-word article I wrote on the topic of due diligence (much of which is about the walkthrough).
Rick Albert Buying without counting towards DTI
23 July 2024 | 13 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
Chano Socarras Johnstown Property Management
25 July 2024 | 5 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Nilusha Jayasinghe Tenant screening- credit scores and SSNs
25 July 2024 | 14 replies
I wrote a BP blog about how to screen tenants properly here. 
Doug Webb Anyone here hold apartment building in personal name?
26 July 2024 | 23 replies
There is a great article on the llc vs no llc debate on BP with many comments from both sides. 
Anita J. Hello! Intro Post Incoming...
24 July 2024 | 3 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Taylor Waters Paid Mentor Worth It?
25 July 2024 | 19 replies
The same information that's available in books for $14 (or free at the library) or for free in the forums and blogs.
Josh Newell Hello BiggerPockets! New PRO here
24 July 2024 | 7 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).