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Results (10,000+)
Owen Farmer Spec Home Construction (Starter Homes) - Margins?
3 July 2024 | 6 replies
On a new build $275k is the sweet spot but if you go up to like $320 it better have a steep roof 9ft ceilings and curb appeal front or it will sit up to 90 days before selling.Its basically what most people can afford around here.I would take more of a data approach to this instead of guessing. in our market all new builds combined that sell on the open market is about $550k. we build between 350k and 500k. we also stay in line with where national tract builders build in our market which s 400-600k but we like under 500k in Columbus Ohio. in miami it's similar in suburban markets  
Amanda Dallman Wenatchee, WA is BOOMING (and no one is talking about it)
2 July 2024 | 3 replies
We should meet up and see how we can combined forces :)
Drew Sygit What is an "Investor-friendly agent"?
2 July 2024 | 3 replies
We see this over & over, again & again - someone posts they need help finding a property and suddenly, every agent out there is "Investor-friendly".Funny thing is, RARELY do you see an agent sharing what qualifies their claim.In our experience, +95% of agents only know how to deal with owner-occupied transactions.
Ray White Seeking Tax Reduction Strategies for High-Income Household with LTR Focus
2 July 2024 | 9 replies
Hello BiggerPockets community,My wife and I have a combined W-2 income of approximately $550K, supplemented by $100K in stock grants annually.
Nadia Daggett Buy in a buyers market or wait for interest rates to go down and prices to go up?
3 July 2024 | 24 replies
The combination is that high LTV financed RE is not only at an all time high but in terms of inflation adjusted cost is at greater than 40 year high.  
Rex Li Is this an underground yard drain?
1 July 2024 | 3 replies
Also, my city has 'combination sewers.'
Albert Johnson Tenant wants to add new flooring
2 July 2024 | 10 replies
With hundreds of rentals under management, it is extremely rare that I let a tenant do work.
Noah Bacon What prompted you to look for a property manager?
1 July 2024 | 0 replies
Many of us get frustrated self managing and seek a property manager for various reasons.For me, it was a combination of problem tenants for one of my properties, then a few months later I moved across the country and came to the conclusion that hiring a full time PM would be my best course of action to maximize efficiency on my properties.
Jacob Sanders Buy and hold, MF, Albuquerque NM.
1 July 2024 | 10 replies
**Affordability and Quality**: The combination of an affordable purchase price and property quality was appealing.2.
Rachel Jones Screening Tenants- Verification Recommendations for previous landlord and employment
1 July 2024 | 6 replies
We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedCredit HistoryMany companies use credit summaries, but we find these rarely tell the whole credit story.