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16 November 2024 | 21 replies
When the syndication is sold in future years, are the gains, depreciation recapture, and distributions also taxed as active income?
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14 November 2024 | 4 replies
I’ve come across options like the Institute of Real Estate Management (IREM), National Association of Residential Property Managers (NARPM), and Certified Property Manager (CPM) programs, but I’d love to hear opinions on which have been the most valuable in practice.Additionally, any recommendations for resources, books, tools, or online communities that have been helpful for day-to-day management would be appreciated!
15 November 2024 | 4 replies
Quickly analyze deals using tools like BiggerPockets calculators.Look for good locations, below-market prices, value-add potential, and positive cash flow.
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16 November 2024 | 8 replies
There are also home buyers who want to look in the area before they buy, home sellers who sold and have no place to go and want to look, contract workers in the area, construction workers, insurance displacement, and more.
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14 November 2024 | 21 replies
Cleveland and Lubbock are both good options to explore, but also consider areas with strong job sectors, like Indianapolis or parts of the Southeast.Researching Demographics: Tools like Placer.ai, Costar, and Data USA offer insights on demographics, migration trends, income, and market growth.
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13 November 2024 | 4 replies
I've heard that DealMachine is becoming the go-to tool for this kind of data, but I've also noticed some strong results coming from Crexi lately.It seems like Crexi has a more multifamily-focused platform, while DealMachine is often geared toward wholesalers.
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13 November 2024 | 2 replies
I am learning but am struggling to tie tools, etc, together to understand a deal.
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16 November 2024 | 3 replies
The reason the property hasn’t sold is because the wholesaler made a mistake in valuation - hey, IT HAPPENS.Look, I don’t want to be totally discouraging.
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16 November 2024 | 3 replies
I know for a fact that Chase has an internal condo approval process for all loans being sold/brokered to them. https://selling-guide.fanniemae.com/sel/b7-3-03/master-prope...For FHA, the guidelines are FHA 4000.1.Also, this: https://www.hud.gov/press/press_releases_media_advisories/hu...Long story short, condos are becoming increasingly difficult to finance.