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Results (10,000+)
Jaryn Pierson StR / STR CoHost / Prop Management Focus Group
17 October 2024 | 6 replies
A lot of people mentioned Facebook groups, and that may be the best source for what you are looking for.
Nadia Muga Tenant Criteria For Leasing a House
18 October 2024 | 7 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
Rick Baggenstoss Tax Deed in Atlanta question
20 October 2024 | 32 replies
@Ndy Onyidoreplying your strategy on #3, I will add the following for you to consider.Most of these properties as @Rick Baggenstoss had mentioned are run down , townhomes, land lots.There may be additional liens on top of the tax lien, such as HOA lien. also with the townhome communities, some of them has rental % restriction; meaning the HOA only allows so much % used for rental. the rest has to be owner occupied.
Emily Shay Macon, GA Property Management recommendations
17 October 2024 | 4 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Aaron Buehler Looking for help moving forward, first time forum poster!
18 October 2024 | 5 replies
However, ultimately, the decision to keep or sell the property depends on your personal preferences and financial goals.Reasons to keep the fourplex:Established cash flow: You mentioned the property will cash flow around $675/month now and $1000/month when paid off in 7 years.
Manthan Patel My goal is to buy my first condo for a rental. Any tips?
17 October 2024 | 7 replies
Condos can definitely be a less scary way for a newer investor to get started and grow from there.As Joe mentioned above, you will definitely want to add in the HOA fees and any other special assessments into your cash flow analysis.
Craig S. Multifamily Construction Cost Projections?
17 October 2024 | 2 replies
I've mentioned a few above, and I'm sure you'll discover others.Best of luck moving forward!
Mel Smith Pending sale with lis pendens
17 October 2024 | 3 replies
I'm assuming it mentions a set closing date.
Joe S. Should investors use big words to sound smart?
17 October 2024 | 20 replies
@Joe S.This is a “know your audience” responseIf you are around a bunch of college professors and they are technical then yes you can pull out all the big words - but as you mention many will try and use these big words in a convo and they scream newbie because it’s apparent they lack some knowledge as they are creating word salad with what they say.I just tell people be yourself
Juan C Alzate Trusty Mortgage Brokers in NY
16 October 2024 | 3 replies
I believe you have a 45-day window to shop lenders without having a drastic hit on your credit score.Happy to recommend someone if you're still searching, shooting you a PM.Also, as @Rene Hosman mentioned, there is a service here on BP to link you with lendersAll the best!