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5 February 2025 | 56 replies
However, because I am unable to make trips to scout locations or look at homes in person.
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29 January 2025 | 10 replies
It would just need to be a situation where they have great contact with the person doing that managing of the project (I.e. have known the person for years, great reputation, person has experience in flipping etc.).
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1 February 2025 | 3 replies
Quote from @Dereck Olson: Hi Nicholas, Just a thought from the possible tenant's perspective, but filling out a prequalification form and/or providing personal information before they have even seen a place and know if they will be interested in living in the property might be a bit too much to ask.
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4 January 2025 | 25 replies
I have personally purchased large apartment complexes from REITs and know how poorly some of them manage their properties.
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3 February 2025 | 2 replies
I had belatedly realized that FHA goes off personal credit and therefore I couldn't use the LLC for it.
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5 February 2025 | 5 replies
I think they meet in person, but not sure it may be on zoom - they are not members of MAREI, so I don't have all the info - they do post their meeting on Meetup.And there are a lot of virtual meetings, plus MAREI events on our calendar.
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15 January 2025 | 18 replies
these investors were all chasing easy OOS cash flow:https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/52/topics/1010977-12-00...if you're serious on investing in an OOS market i'd pick one, get to know it, go to it in person, and build a team, and then determine what would you need to do to get a good return in that market.
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31 January 2025 | 10 replies
Is there a point of contact person/business that handles all home investor concerns (general contractor, engineer, etc.)
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29 January 2025 | 32 replies
A person doesn't have to like these new realities but realities they are none the less.
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4 February 2025 | 6 replies
Look into a DSCR, Debt Service Coverage Ratio, loan where the rental income can be used to qualify the cash out refinance instead of your personal income.To Your Success!