Brendan Duggan
Private Lender in inaugural year!
13 December 2024 | 4 replies
I am on the origination side of the business, however you may want to consider signing up as broker which would allow you to white-label these DSCR loans without assuming the risk of ending up with a note buyer who refuses to purchase your loans, thus stuck with a 30 year loan.
Alan Asriants
Taking on a major construction project in 2025 - What are some common hurdles?
26 December 2024 | 9 replies
Everything is nicely organized and labeled.
Natalia Perlova
Tenant claims there is no heat, and it's Christmas
25 December 2024 | 56 replies
@Natalia Perlova if the switch is in a common area and you are having trouble with the tenant especially if you think they switched the burner off deliberately (it should be a bright red switch plate in our area labeled oil burner).
Timothy Franklin
First time funding?
11 December 2024 | 8 replies
Hard money, which is most commonly from an institutional lender (either a broker with a white label setup or a lending firm), is generally available, but you will need to meet experience requirements to obtain funding from these kinds of lenders.
Alexis Nworah
Is Sandy Springs a good area to buy a rental in Georgia?
4 December 2024 | 4 replies
Admittedly, pricing will often account for any major items, and I don't believe this is true in Sandy Springs, but there are some areas that an interstate cuts off a small part of the neighborhood, and so labeling the neighborhood as "good" may be true for 90% of that neighborhood, but if you are in the 10% that is on the "wrong side" of the interstate, it can be a totally different market.
Rafael Ro
What are some realistic tenancy terms and maintenance costs (turnkey)?
19 December 2024 | 5 replies
if i buy a rent ready house off the MLS, and put it under management with a good PM... that's basically turnkey too just without the label and the provider.one thing i notice on BP is how many new investors think they're being guaranteed outcomes rather than processes.
Jessica Kiely
New rental - attracting a qualified tenant
29 December 2024 | 7 replies
I also have no idea what room I'm looking at since they aren't labeled.
Adam Jones
Would anyone be willing to share their REI REPLY workflows?
3 December 2024 | 1 reply
First, don't use REI Reply, it's just a white-labelled/private-agency version of GoHighLevel (the actual provider of the CRM) that they just mark up and charge you extra for everything you do (every text, email, etc is 2-10x more expensive than just linking twilio/mailgun to your GHL account, etc).With that out of the way, you can get to making workflows.
Cam Caraher
Wholesaler/Realtor looking to connect with Investors
22 November 2024 | 4 replies
welcome @Cam Caraher and congrats on joining BP, this place is the start for many, sure was for me longer ago than I care to admit.I'm not personally in your market, although was born in dorchester and grew up in NH, but this is a great place to meet locals.If you have not already a great starting point is the Meetups posted here, just search for your area and see if any meetups are happening.
Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
29 December 2024 | 30 replies
Long term vision can trump current cash flow.So I will proudly take the label of property hoarder.