Craig M
wrap mortgage - how would you structure this?
19 January 2025 | 10 replies
I've heard add 1-2% to your current rate, but it seems I could do a little more than that and it still be an attractive deal for the buyer.Also, I would like to find a loan processing company to deal w/ the payments & record keeping.
Bryce Jamison
Do you buy older homes for long term rentals?
20 January 2025 | 32 replies
It also matters where the home is located, and what the weather, type of tenants it attracts/has been attracting, etc. other factors are.
Marc Shin
need recommendations for curtain colors and rug colors
1 January 2025 | 22 replies
I have a hard time visualizing things myself so using Alex has been a god send, here's her website https://www.cheatsheetdesign.com/ It's around $400 for her help and personally is worth it to me just to save my time!
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
Before committing to paying off the property, analyze whether there are ways to optimize revenue, such as better marketing, adjusting pricing, or upgrading the property to attract higher-end guests.Return on Capital: If you pay off the mortgage, the “return” is essentially the 7% interest you’re saving.
Jason Baker
Wholesaling Market in Miami
12 January 2025 | 8 replies
Build a system that attracts the right audience.
Isaac Terry
Investing Out Of State - Starting
22 January 2025 | 20 replies
I would just be cautious, as there are some rough neighborhoods in both Akron and Cleveland that seem attractive due to the cash flow but will be money pits after the vandalism and vacancy.
Brendan Jones
First property advice
9 January 2025 | 9 replies
Given your situation, a property closer to Nashville might be more advantageous for short-term rentals like Airbnb, as proximity to a popular city typically attracts more guests and higher rental income.
Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.
Joe S.
Is promoting buying rentals due to a conflict of interest?
3 February 2025 | 31 replies
BiggerPockets is free so it attracts all kinds of characters which can taint the picture.
Kyle Carter
Screening tenants effectively
7 January 2025 | 5 replies
In neighborhoods that won't attract high credit score tenants, I've found that a stable job history with a MINIMUM of 1 year at current or previous job to be the best indicator of a great tenant.