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Results (10,000+)
Jonathan Chan Things to look for when vetting your potential borrower
26 November 2024 | 2 replies
Here are some key red flags to watch for:🔴 Lack of experience: A borrower without a proven track record in real estate projects may struggle to navigate unexpected challenges.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
Luis Ramirez Seeking Advice: House Hacking with Airbnb and Second Mortgages
26 November 2024 | 1 reply
Hi BiggerPockets Community,I’m exploring house hacking using Airbnb as part of my real estate strategy, and I’ve come across a challenge I’m hoping you can help me with.
Cameron Chambers Anyone in the forums from Canada?
26 November 2024 | 127 replies
Here are my initial thoughts:As a small landlord in Ontario, my experience over the past eight years has highlighted significant challenges in managing rental properties effectively.
Joe S. Laugh and the world will laugh with you. Fart and…
28 November 2024 | 9 replies
. 💪 You’ll have some wingmen along the way, sure, but it's all on you.Success will bring a squad of cheerleaders, but challenges?
Matthew Shea Single Family: Buy, Rehab, Hold, LTR
26 November 2024 | 2 replies
Challenges?
Ryan Smith Advice on Effectively Scaling and Attracting Investors
25 November 2024 | 5 replies
While the stock market is on the roller coaster, getting people to invest in real estate right now is just as challenging or even harder for passive investors to invest in real estate.
Matt R. Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
And finally, even if you do pick the "winner", there are good reasons to doubt whether"investing" in bitcoin or the winning crypto will actually produce long-term returns that outpace those of alternative assets like businesses and real estate.Point 1: A strong crypto might emerge to challenge national currencies and be taken as a serious currency for daily use by a major percentage of the world's population.
Bruce Lynn Everyone wants to buy a foreclosure until they get to see inside the property
1 December 2024 | 134 replies
It’s challenging to understand how someone could allow their property to be sold at a tax deed auction.
Kelly Lane House hacking into real estate
27 November 2024 | 8 replies
Hello Kelly, House hacking is alive and well and yes depending on what market you are in it will be challenging to acquire something that will allow you to live rent free.
James Landsford French Drain Install - Labor and Materials - am I getting ripped off
25 November 2024 | 9 replies
The soil here was clay so the digging even with excavators where they could use one was challenging.Â