Michael Palmer
Reasonable Construction Loan Terms
21 December 2024 | 10 replies
The borrower will be responsible for $3K at closing while the lender will fund the remaining $12K for the interest reserve.
Tom Pappas
How we built a distressed real estate investment fund
16 December 2024 | 1 reply
We sold 70% of the packages off in 90 days and the remaining 30% were sold in 12 months.
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
The remaining balance is paid once the project has been completed.
Rebecca Cho
Excited (and Nervous!) to Start Our Real Estate Investment Journey
13 January 2025 | 25 replies
It’s really tempting to jump in headfirst, but I'm definitely remaining cautious, especially when it comes to large projects and working with new teams.
Joseph Merrill
Looking to join a brokerage!
14 December 2024 | 3 replies
New to real estate but possess a deep understanding of the responsibilities to continue to gain knowledge and remain loyal with my clients and professionally with my colleagues.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
Despite my initial contact on December 17, 2023, and subsequent emails to Courtney.Sansone the problem remains unresolved.The issue arose when I attempted to link my Bigger Pockets PRO account to my Stessa account.
James Wise
Why do people Buy Property in California
15 January 2025 | 192 replies
You have the usual causes like drugs/alcohol problems, mental illness and then you have the working poor who remain homeless.
Daniel Reed
Strategies for Transitioning to Multifamily Properties with Positive Cash Flow?
25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
.#1 I would call the city rentals department directly and ask if the seller's license will remain active until the day yours becomes active.
Erin Helle
One month left in 2024 - What are your Goals!
23 December 2024 | 20 replies
I have $55K in the stock market at the moment and plan to save (and grow) the remaining in the stock market until I have enough to pay off the entire mortgage.