Daniel Chapman
Toledo I need You. New Investor, Looking to connect and learn.
10 December 2024 | 8 replies
I'm looking forward into developing my roots in the community!
Spencer Ware
Retired NFL Player 2x SB Champ
20 January 2025 | 39 replies
Unless you have some sort of subject matter expertise or access to an unfair advantage (cheap labor, ways to source off market deals, etc.), index funds are likely to provide an equal or better return with a MUCH lower hassle factor and more liquidity.
Chris Seveney
Home Payments as % of Median Income
2 January 2025 | 12 replies
Market forces are pushing and pulling but not a source of anything breaking.
Matthew Steele
Lost lease, tenant issue
4 January 2025 | 11 replies
Know this: the #1 reason why landlords fail - failure to manage to the lease (source: American Apartment Owners' Assn).
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
Feel free to DM me if you'd like more insights on all this (we don't do biz in Alabama so got nothing to lose).Here's some other "copy & paste" advice on how to search for a better PMC:----------------------------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Kyle Carter
How to build a out of state team
7 January 2025 | 8 replies
A PMC is the ONLY one that will deal daily with your property.Here's some copy & paste advice on hwo to screen PMCs:Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
It's of vital importance that you speak with your GP to determine the root cause of the capital call so that you can make an informed decision on whether or not you should provide it.
Christopher Lynch
How To Start a Syndication ?
10 January 2025 | 9 replies
Who was their funding source?
Felicia Richardson
2/1 With No Washer & Dryer Connection
25 December 2024 | 11 replies
They are full size and yet still run off 120v and just need a water source and drain.
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
Used what I know from wholesaling to come up with the estimations The numbers is used are based on a these assumptions:- Cost to build* (2024) = 150/sqft National average, 141/sqft Tennessee Average (Source: Houzeo https://www.houzeo.com/blog/how-much-does-it-cost-to-build-a-house-tennessee/#:~:text=The%20average%20cost%20per%20square,idea%20of%20the%20construction%20costs.)- All in Cost = Cost to build * Square foot - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost accounts for agent fees and closing cost- Initial List Price = Sales price + 10% A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.