Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
There are several hurdles during the process:Find the deal - Unless you are marketing or plugged into a community where there are opportunities, it isn't always easy to find the right dealsEvaluate the deal - Without professional guidance and research tools, it is difficult for a newbie investor to evaluate and ARV/FMV or create an adequate rehab budgetSecondary exit strategies - If things don't go as planned are their other opportunities to exit profitably.
Gregory Chadwell
Anyone use APPFOLIO?
7 January 2025 | 6 replies
It is an awesome system and does everything for single and multi family management, makes our difficult job so much easier.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
You’ll want to invest in areas that have tenant interest but also aren't on the extreme end of neighborhood quality—this means avoiding the very toughest spots, where turnover can be high and managing tenants can be difficult.
Bryan Perea
New to biggerpockets
4 January 2025 | 4 replies
Bryan: California is a difficult place to learn, because everything is so pricy.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
I'd done some reading in the past and thought a few of the main Canadian banks had such specialty trust divisions that could help you with plan setup.As for finding investments, networking with other investors, real estate agents, etc. is the way to go.Brian, from what I've heard is that CAN banks make it extremely difficult to setup.
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
21 January 2025 | 32 replies
You lock in your interest rate and if rates drop you can prepay at any time and refinance at a lower rate without penalty.If the deal is commercial, whether commercial multifamily (5+ units), office, industrial, self storage, hotel, you name it...the choice becomes far more difficult.
Ketch Bays
What type of market should I start in?
8 January 2025 | 6 replies
I have to choose between a much cheaper market that I live in that is much easier to cash flow, but finding good renters could be more difficult.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
For your ~$10K fee, I expect for you to be thorough and clear and make sure that these things are known as it is difficult to see everything on video.
Sebastian Nadal
Screening for a roommate for the first time
7 January 2025 | 6 replies
It's difficult to see how a tenant will be after screened and signing a lease.
Isla Arshad
Tenant Pays Rent Late and now Claims Harassment when filing for 10 days Notice
7 January 2025 | 13 replies
The eviction process is really not that difficult as long as they don’t appeal it I’ll give you the attorneys name if you would like.