John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
Note: I have not formally warned the tenant about any of these issues.I am seeking guidance and advice from the BiggerPockets community on how to navigate this challenging situation and successfully evict this tenant.Disclaimer: This is a complex situation, and I understand that legal advice is best obtained from a qualified attorney.
Josh Edelman
Las Vegas Market + News for November
18 December 2024 | 2 replies
The iconic burger chain has confirmed plans to open its second-largest location at the BLVD shopping complex across from Aria.
Nicholas Woo
what are your thoughts using Anderson advisors?
21 January 2025 | 31 replies
They have helped me navigate the complexities to meet all my business needs!
Kay S.
Closing Costs for Seller Financing?
15 December 2024 | 6 replies
For costs, you’ll typically need to budget for title insurance (usually around 0.5%-1% of the purchase price), attorney fees (varies but can range from $500-$2,000 depending on the complexity), and closing costs (might include recording fees, escrow fees, and other admin costs—generally $500-$2,000).
Blake Kirby
1031 Exchange Phoenix vs L.A.
21 December 2024 | 6 replies
This is what is pushing up rental demand for small MF properties that having lower rents, fees, or total move in costs compared to other larger commercial apartment complexes.
Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
3 January 2025 | 40 replies
Going into the unknown and buying multiple SFHs/duplexes or an apartment complex OOS and my property taxes will skyrocket (property tax is reasonable thanks to Proposition 13 in CA).
Taylor Hughs
Scaling: Why should I buy single families first then multifamilies later?
7 January 2025 | 8 replies
Also if anyone can explain how much I should have saved to get started and a rough estimate of how many single families I should have before moving on to small apartment complexes etc.If you have read this far I greatly appreciate it, thank you so much!
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
But I know I have all the legal side set up LLC, Business Checking account, Business Credit card, and getting my permit for STR since you need one in Alexandria VA.I just find it really hard to message landlord/apartment complexes/management companies since I'm very experienced and was wondering if anyone could give me advice on what to say and how to go about pitching my business model to landlords.Right now what I email them is along the lines of "I hope this email finds you well.
April Smalls
Should I Refi?
18 December 2024 | 12 replies
Here are my thoughts about your decision to refinance.Process:Understand your current loan terms.Check your credit score.Compare offers from different lenders.Get your property appraised.Submit your application and go through closing.Considerations:Current interest rates vs. your existing rate.Amount of equity built in one year.Closing costs and fees.Your long-term financial goals.It's a complex decision, so consulting a financial advisor or mortgage specialist might be helpful.
Antje Klatte
Dallas / Ft. Worth - where are the A, B, C, D areas
12 December 2024 | 3 replies
This is a complex question, that requires answers with exceptions, caveats, and explanations, but here are rough examples:A.