Anthony Sigala
Is the 1% rule dead in Arizona?
5 February 2025 | 35 replies
You can find positive cash flow and the 1% rule here!
Kody Smith
Hello, I'm just Getting started with creative finance.
24 January 2025 | 4 replies
For your 1st time, pay a Property/Land/Transaction Attorney to review the title commitment with you to make sure that there are only the outstanding liens on the property, and that the owner has title.- Collect Tax Certificate to verify Property Taxes are Paid- Get a current statement from the seller to verify the existing balance, if they are delinquent, you can get the bank on the phone to verify the amount to make the loan current.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.
Lauren Merendino
Best STR Tech
3 February 2025 | 2 replies
Hospitable (formerly Smartbnb) – Automates guest messaging, reviews, and integrates with multiple platforms like Airbnb and VRBO. 2.
McKenzie Stouffer
New STR in South Carolina
28 January 2025 | 4 replies
Hi Jayce, we got the seller to carry back the portion of the down payment and the bank to finance the 1st position on the rest.
Julio Gonzalez
Cost Segregation Study on Knoxville Apartment Complex
4 February 2025 | 0 replies
Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elements and roofingBasic HVAC componentsWater heatersFire protectionThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.
Bob Judge
Connecting with Canadian Investors Buying Properties in USA
4 February 2025 | 6 replies
Find a sponsor, reach out, tell them you're Canadian, they approve, review and sign LP docs, wire funds.
Jeet Sangha
Did You Know? Trust-Owned Homes May Face Insurance Issues
27 January 2025 | 0 replies
I came across some critical information today that I think is important to share with you:In the aftermath of the LA fires, it has become evident that some homeowners’ insurance claims have been denied or disputed because the property title was held in a trust, but the insurance policy was under the individual homeowner’s name.This serves as a valuable reminder to review your insurance policies and ensure that the ownership structure on your property title matches the named insured on their policy.
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.
Mario Niccolini
Build a Single-Family Portfolio or Go Straight to Multifamily? 🤔
3 February 2025 | 1 reply
Hey BiggerPockets community,I’m in the process of defining my investment strategy, and I’d love to hear from those with more experience.I have enough capital to pursue one of these two paths:1️⃣ Build a Single-Family Home Portfolio: Gradually acquire around 20 SFHs using the BRRRR strategy or focusing on positive cash flow properties.
Bruce Bennett
How to spot scams or is there a site that evaluates DSCR lenders
15 January 2025 | 9 replies
Scammers do exist, and it’s smart to verify a lender’s legitimacy before moving forward.Check Reviews and References: Look for reviews on trusted platforms like BiggerPockets or Google.