Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
Here is a link to it: https://www.reddit.com/r/RealEstate/comments/sz6udf/who_has_...Also, I received an email to review them so I clicked on their Google Reviews and saw that they had 4.8 Stars.
Brook Burns
Tenant Security Deposit Escrow Account
29 January 2025 | 9 replies
Looking forward to reviewing these options.Here's the PA law: https://clsphila.org/housing/security-deposits-in-pa/Any bank account will work.
Jerry Zigounakis
First STR Advice
28 January 2025 | 10 replies
Have some very competitive prices to start with to get bookings and reviews.
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
Marquell Proctor
Hello BiggerPockets! New PRO here
7 January 2025 | 2 replies
Your Lender My suggestion to find #2 & #4 would be to go to the top of this page and click on AGENTS & LENDERS.There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
But ultimately the responsibility lies in my hands.I jumped on a seesaw of risk hoping that the momentum would catapult my bank account into six figures only to find out the hard way that flipping houses isn’t as easy as I had predicted.This house was purchased for $64,000 with an expected rehab of $100k to $120k depending on how much work the dilapidated and neglected house needed.The midwest is lovely but the houses carry the weight of weather storms nearly a century old leading to more damage than a beginning investor could expect.The appraisal came in at $225k for my lender meaning our all-in cost would be around 85% of the sales price worst case.
Shelby Blanco
STR AirDNA analysis
20 January 2025 | 0 replies
I've narrowed down the best return for my money in this market to a 2 bed/2 bath (with top tier amenities) - about 500 total 2/2 listings.I'm finding myself a bit stuck when analyzing why certain properties are making so much higher than the average listings when they seem to have very similar locations, amenities, style, flow of home, beds/# of people they sleep, reviews, number of reviews, etc.
Colby Burns
Omni Key Realty insight for investors in North Texas.
27 January 2025 | 6 replies
Their pro formas felt optimistic with providing 6% annual appreciation and property management that is only about 6% of rent so I take it with a grain of salt (they offer their own property management services but it has terrible reviews on Yelp so I would probably go with someone else).
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
Credit is a factor as bad credit may limit options, or may have the lender require you to put 10 or 20 years of taxes and insurance into escrow.
Aly George
Looking for MTR management software
29 January 2025 | 0 replies
I've been using QBO but I'm starting to take on MTR clients and I need a PM software and have reviewed so many my head's going to fall off.