Chris Magistrado
Buyer wants to do an Inspection?
23 January 2025 | 24 replies
Here are some indicators to help you assess a buyer's seriousness:Questions: Serious buyers will ask detailed questions about the property, such as maintenance costs, neighborhood amenities, and property taxesStrong Offer: If a buyer makes a strong offer quickly, it often indicates a high level of interest and intent to purchasePrivate Buyers: If approached by a private buyer, ensure they provide a Letter of Intent (LOI) and proof of funds.
Jeffrey Hayes
Help! Seeking Advice on Determining Monthly Rental Rate for SFH Lease
20 January 2025 | 8 replies
While the image of yours I found seem to show the main entry to the 2nd floor at ground level, the older the prospective tenant, the less interested they are in a non-ground floor unit. 2) Using another part of the property as storage could limit interest and I could see that as a turn off with folks once they find this out.FYI, the listing I found on realtor.com makes no mention of the tenant not having access the entire property or the basement being used as storage.
Scott Trench
2025-2026 Might Be One of the Best Stretches to Purchase Multifamily Since 2010-2011
3 January 2025 | 8 replies
And the reason why your "tale of two halves" will play out as you described.Demand: This has actually been high almost all along, but rent growth hasn't materialized in response due to high levels of new supply.
Jonathan Greene
Are the forums on BiggerPockets getting worse and worse or is it just me?
23 January 2025 | 52 replies
Hulk Hogan Gif's are Scientifically proven to increase the fun level of any type of forum.
Bethany Merlucci
Help this newbie investor to decide if this is a good first property
10 January 2025 | 4 replies
If they work and the risk level is something you are comfortable with, go for it.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
Depending on your income level, you may be able to take some losses on your return.
Grace Tapfuma
Interested in Triplex
5 January 2025 | 1 reply
Step 2: Narrow down your "buy box" (are you market-indifferent, are you looking for a certain level of cash flow, etc.).Step 3: Connect with real estate agents and begin making offers!
Donyea Jenkins
DSCR Loan Question
30 January 2025 | 14 replies
As others have mentioned, DSCR loans are generally for turnkey rentals (although outdated rentals may still qualify depending on the level of deferred maintenance).
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
People have brought up interesting ideas to help you get to the next level.
Sam Ojo
Looking to Scale and feeling Stuck
30 January 2025 | 6 replies
My 2 cents: it sounds like you've got to pick a lane and stay in it, become an expert, and level up in that lane.