Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
However, a simple security system would deter this.Personal Safety - I assume you are using their ID to run a background check and deciding if their history affects your safety, correct?
James Sills
Where to start
15 January 2025 | 3 replies
Once the year passes you can move out, rent and repeat or try something else.
Don Konipol
The Most DANGEROUS Real Estate Investments for the “Amateur” Investor
23 January 2025 | 18 replies
Quote from @Scott Trench: Wait... the guy who buys all the ads (through Google) on BiggerPockets YouTube videos and attempts to reach BP viewers says that Tax Liens are the best way to build wealth, asking me repeatedly and agressively why I'm not doing it?
Christina B.
Long term: keeping an eye on the RealPage lawsuit
13 January 2025 | 4 replies
I've seen this in the news.This doesn't affect me because I'm small time compared to these big companies.I also don't purchase any pricing software.
John Friendas
Rooming House Passing Conventional Appraisal as Single Family
22 January 2025 | 4 replies
I don't know that any of this would affect a new appraisal, but there may be some comments by the appraiser, which may or may not hurt you depending on why you want the appraisal in the first place.
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
I would use the income to slowly improve the house and once you get it to a good spot, HELOC out some money for a down payment on another place rinse and repeat.
Mitch Smith
How Tiered Returns Has Helped Us Structure Our Private Lending Deals
17 January 2025 | 3 replies
Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.
Hector Romero
Financing and Planning Additional Units (Young Investors)
13 January 2025 | 2 replies
Quote from @Hector Romero: Hello all, I am new to the community as well as being the lead in real estate investments.My sister and I currently hold 3 properties next to each other in Riverside County, California (we'd like to get them in an LLC but we're unsure how that may affect financing them).
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
I don't foresee Texas implementing a similar law, but I'd be interested to know how this change has affected others.Side note: It's not the Section 8 tenants that I'm avoiding, it's the government bureaucracy that comes with it.I believe the majority of the US population lives in states with the same law.How do we navigate it in those states?
Suzanne Chan
Fully stabilized 33 unit apartment complex
17 January 2025 | 2 replies
Congratulations on your repeatable success!