Henry Clark
Self Storage- Will they come? Market size?
1 February 2025 | 22 replies
I'llgive you the tool I use, but you will have to make an investment ofyour own time.
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
Mortgage recasting is a great option for homeowners who:Have received a windfall, such as a bonus, inheritance, or proceeds from selling another property.Want to lower their monthly payments without extending their loan term or going through the hassle of refinancing.Are satisfied with their current interest rate and loan terms.How to Get StartedIf you’re considering mortgage recasting, here are the steps to take:Contact Your Lender: Ask if they offer mortgage recasting and confirm your loan’s eligibility.Determine the Lump Sum Amount: Decide how much you can afford to put toward your principal.Calculate Potential Savings: Use an online mortgage calculator or consult with your lender to estimate your new monthly payment and total savings.Submit the Request: Once you’ve made the lump sum payment, your lender will process the recasting and provide a new payment schedule.Final ThoughtsMortgage recasting can be a powerful tool for homeowners looking to reduce their monthly payments and save on interest without the cost and complexity of refinancing.
Aaron Costello
Finally Setting up my account
21 January 2025 | 7 replies
There are special tools available just for Pro members.
Ethan Gallant
Beginner looking to BRRRR in Canada
24 January 2025 | 5 replies
Even still, it could be said that I've still lost money due to my time on the tools instead of prospecting as a real estate agent (the cost of lost opportunity).If you can truly do 80%-90% of the work yourself (at acceptable quality levels) and you aren't sacrificing your time where you can get better returns for your efforts, then yes, it can work even up here in Canada.
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
4 February 2025 | 38 replies
It would likely be comparable to what you pay in the NE.Just google "Lexington County tax estimator" or whatever county you're interested in and you'll usually find a web tool from the County you can use to estimate the tax bill based on the previous year's assessments.There is also a law called the ATI tax exemption that can potentially lower than 6% rate by 25%.
Bruce Bennett
How to spot scams or is there a site that evaluates DSCR lenders
15 January 2025 | 9 replies
Bigger Pockets also vets lenders a bit before allowing them to participate in the Bigger Pockets Find A Lender tool so they've already done some of the due diligence for you.
Ashley Wilson
Pros and Cons of Joining a Coaching Program
27 January 2025 | 29 replies
A coaching program is a partnership, and your success depends on your willingness to take action.Final ThoughtsA coaching program can be a powerful tool for accelerating your real estate investing journey.
Makani Donaldson
Having trouble being lendable
25 January 2025 | 7 replies
It’s a great tool to remember for your future scaling goals.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
Professional PMs use specialized tools to verify income directly with a tenant’s bank or payroll service, ensuring legitimacy.