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20 August 2024 | 1 reply
I own a successful construction company that mainly focuses on kitchens, bathrooms and interior remodels and have been in business for over 4 years.
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20 August 2024 | 7 replies
With passionate co-founders, a vibrant community, and hands-on experience navigating the highs and lows of investing, they have built an incredible foundation and embody everything we envision for PassivePockets.By combining LFI’s expertise with BiggerPockets’ reach and resources, we’re creating something truly special—a platform that will empower you to make smarter, more informed investment decisions.Here’s what PassivePockets will offer when it launches:Educational Resources: Masterclasses, articles, podcasts, and a weekly newsletter—all designed to help LPs make better decisions.Due Diligence Tools: Rigorous vetting frameworks and community-sourced sponsor ratings and reviews.Investor-Only Spaces: Private forums and weekly Zooms, exclusive to investors—no sponsors or capital raisers allowed.Sponsor Directories: Detailed profiles with track records, investor reviews, strategies, and more.Deal Directories: Comprehensive deal profiles, webinars, and direct sponsor connections in dedicated forums.Ratings & Reviews: Honest feedback from members who have invested with sponsors—the good, the bad, and everything in between.Our mission is clear: Shine a light on the passive investing space and provide you with the tools and knowledge to navigate it more confidently.
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20 August 2024 | 4 replies
I finished the attic, basement and remodeled interior and exterior What was the outcome?
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20 August 2024 | 0 replies
We installed an interior French drain system in the basement, because we knew that the neighborhood is prone to water intrusion.
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20 August 2024 | 4 replies
This is basically the exact scenario that DSCR loans are designed for.
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20 August 2024 | 2 replies
In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.
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20 August 2024 | 1 reply
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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20 August 2024 | 5 replies
Probably not, but that's not what it is designed for.
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19 August 2024 | 1 reply
Hello, I'm not the best source for design tips, but as a broker/ lender the biggest value adds that you can get on rehab projects come from improvements to the kitchen and bathrooms.
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21 August 2024 | 7 replies
If someone designs it for you they should be able to defend it for you- make sure of that.That's just my thoughts on it - Use an attorney to guide you through complicated setups so you don't make a mistake.