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10 January 2025 | 67 replies
I can absolutely understand how these experiences have drained the joy out of owning rental properties.
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10 January 2025 | 13 replies
Most agents paying for leads are inexperienced, which is why they need to pay for leads.Look for an agent with a minimum of 15 years of active experience.
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9 January 2025 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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28 December 2024 | 6 replies
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.
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11 January 2025 | 15 replies
Ask how many units they manage and how much experience they have.
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26 December 2024 | 9 replies
After all, we're dealing with humans interacting with other humans.
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12 January 2025 | 8 replies
But with the right strategy and due diligence, Albuquerque might just be the next great investment hotspot.Would love to hear from other BiggerPockets members who have experience in the Albuquerque market.
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15 January 2025 | 14 replies
In order to get there it would be good if you could keep feeding cashflow proceeds back into acquisitions, on top of your continued W2.Speaking from experience, you can manage probably 30-50 units yourself nights and weekends before you really need to hire someone.
14 January 2025 | 7 replies
In our still relatively limited experience, seller financiers are usually looking to get a higher asking price in exchange for the favor of the private loan.
11 January 2025 | 12 replies
I've found options in Costa Rica, but rates are in the 10% range.Does anyone have any experience or guidance on obtaining a mortgage equivalent to purchasing a 2nd home in the US?