27 August 2024 | 2 replies
@Jay LindgrenRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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29 August 2024 | 6 replies
A good place to start your search if you're not sure what area of the country you want to invest in• BiggerPockets Deal Finder (on market)- once you have an area or two in mind this is like using zillow on steroids because it has investor specific filters and does some of the analysis for you for example you can filter by rental yield and it will also show you homes that analysis shows are underpriced for their market• BiggerPockets Deal Finder (off market) - Maybe not best for your first deal based on your description of your current status and goals but helpful if in the future you want something that you can force appreciation, most of these homes are in foreclosure • BiggerPockets Calculators - as a BP free member you get up to 5 uses of the calculators free every year, as a pro member you get unlimited uses of all the calculators, and you can save each analysis you run so you don't have to come back and redo it every time.
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28 August 2024 | 7 replies
There is also a much larger inventory of rentals for a prospective resident to look at, a few years back we were in the 3ks for vacants and this year bumping up near 5k during the peak season (in my opinion probably due to the low entry price point for investors compared to the rest of the country as well as low interest rates on loans for folks moving out of their homes).
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27 August 2024 | 7 replies
Are you local to that area of the country, or how did you decide to look there specifically?
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31 August 2024 | 36 replies
She explains to me that Basically ill have to call the country and PURCHASE the liens for anywhere from $60-1000.
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25 August 2024 | 15 replies
This is not enough time to actually cross verify their program leads.
30 August 2024 | 70 replies
Entrepreneurial ecosystems are being created all over the country to foster local expertise and resources.
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27 August 2024 | 3 replies
Now, if you're traveling out of the country you will (typically) still have a place of residence here so that shouldn't be a problem.That being said, I'm pretty sure each lender has a requirement for what percentage of the year you need to be actually living in the property for it to qualify as your residence.
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28 August 2024 | 32 replies
If you just took a class on flying an airplane are you ready to go fly across the country yourself?
26 August 2024 | 17 replies
Own a home in desirable country club community outside of Washington DC.