Walter Pineda
Your Property Management suggestion for Memphis, TN Please.
24 January 2025 | 12 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.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
That’s funny to me they compare a home that’s taking on rain from the outside inside, basements full of water all the windows broken, everything is wet and has to be re paired.
Jason ODell
Cash on cash for non-leveraged properties
4 January 2025 | 2 replies
“ cash flow returns” almost always compare horribly to a simple bank CD after you deduct for insurance, prop taxes< vacancy, capex, prop management (or your personal time.) etc etc etc.
Fulati Paerhati
What is the good location to buy a rental property for 250k cash ?
30 January 2025 | 56 replies
Home prices in OKC remain affordable compared to national averages, allowing investors to acquire properties with strong cash flow potential.
Frank Pyle
36 unit Condo Building Construction loan
31 January 2025 | 9 replies
I highly suggest you take a closer look at your numbers, particularly for a multi-family building which has added costs compared to SF homes practically everywhere in this country between STC ratings, fire ratings, storm water, fire suppression requirements etc.
Emily Shin
New in real estate
29 January 2025 | 22 replies
You'll have access to owner occupied loan products, therefore saving on your down payment, typically 3-5% compared to 20-25% for non owner occupied properties.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
I do feel like Haverhill is much in the "path of progress" than comparable areas like Lowell and Lawrence, so it's a city on my radar for sure.
Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
Verify employment and call previous landlords to avoid tenants with red flags.Rent Setting: Research comparable rentals in your neighborhood to ensure your rent is competitive.Use Technology: RentRedi is a great choice.
Vinay M.
What's it been like investing in Columbus? Where should I invest?
19 January 2025 | 10 replies
How would you guys compare Columbus to somewhere like Memphis that has similar price points?
Brendan Jones
First property advice
9 January 2025 | 9 replies
The type of home you can get in White House is a different universe compared to what you'll get in Nashville if you're trying to be 5 mins from the urban core.Make a list of what is MOST important to you and that will guide your decision making.