Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
You are attempting to create the Roman Empire here, something that lasts into perpetuity, when today you're lucky if you can create something that lasts 20 years. 2.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
You have any idea how much money it would cost you to attempt to initiate a class action?
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
One day several weeks after close, they sent me an "invoice" via email with no body, just an attachment with a jumble of line items - It included one of the two items they were getting a quote for me on (new flooring), some but not all of the items they were supposed to fix as part of the contract (with prices even though they were paying), and a few other items I was not familiar with.
Robert Liu
New build with delta build services in Cape Coral
22 January 2025 | 66 replies
-All permits were approved on first attempt.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Not having a payment gives you patience to select good tenants and opportunity during the tough times when others are freaking out from vacancy and racing to offer better incentives to put a body in their place.
Keaton Sheffert
First Time Attempting to Re-zone Land - Advice Needed
14 December 2024 | 13 replies
Hello BiggerPockets Users,I am looking for advice on how to best convince my local zoning commission to accept our proposal for a rezoning from residential to commercial (for apartments).Background: My business partne...
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
PreREO made 2 unauthorized attempts to access my bank account to withdraw funds that were over and above the monthly interest payments.
Danielle DeCormis
Section 8 vs. Standard Lease - Pros and Cons
19 December 2024 | 5 replies
Think about it: most of them are able-bodied adults who choose to live (mostly) free off the backs of others rather than contribute to society.Rent payments are usually steady, but Section 8 tenants took a lot more work upfront, throughout their tenancy and at the end of their tenancy.
Michelle Fenn
Facebook Rental Listing
20 December 2024 | 6 replies
There are many fraud attempts on rentals on Facebook marketplace and through various Facebook groups.
Craig Sparling
Who's got metrics for me? GRMs, CAPRates, YOY Growth, Median Income vs median rent
23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.