Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
While it doesn't provide a sexy return like a flip or BRRR it's a great way to start and it's a slow, consistent return for you.
Amanda Long
DSCR New Mexico Property/ Guarantors??
17 January 2025 | 3 replies
To me it kind of defeats the purpose of protecting personal assets and standing up the LLC.2.
Kyle Carter
Sub 2 Financing
7 January 2025 | 7 replies
For me as well as the seller.First, you have to define Sub to financing.Do you mean the reckless kind where you overpay for a property, take over the financing and borrow from others to cover closing costs and holding costs when you have no money, no credit, no income, no reserves and can't tell a warranty deed from a deed of trust and you close on the kitchen counteror do you meanbuying below market value, already having a nice income, having reserves, using escrow and title, already understanding the due on sale clause, have done a lot of creative purchases and know when to use and when not to use creative finance and how to recover if something goes amiss?
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.
Mike Sfera
Syracuse/Rochester Area Rentals
15 January 2025 | 8 replies
Plenty of people are happy they took those kinds of risks.
Quentin Hollis
How do I avoid triggering a due on sale clause with a subject to deal?
1 February 2025 | 14 replies
What kind of attorney should I be looking for in my area to help me with this kind of situation?
Gary Abrams
PM software or app, to organize for a secondary manager to take over
7 January 2025 | 3 replies
Currently I'm looking for some kind of methodology, software or app, that I can use to manage the properties, which will allow for another family member to step in to my role relatively seamlessly if I were to pass in the future.
Matthew Samson
Primary Residence Sale -- $1.65mm appreciation -- How to Minimize Capital Gains?
30 January 2025 | 24 replies
. **1031 Exchange:** Just a heads-up—1031 exchanges allow you to defer capital gains taxes when you sell a property and reinvest the proceeds into a "like-kind" property.
Joe S.
Is promoting buying rentals due to a conflict of interest?
1 February 2025 | 18 replies
BiggerPockets is free so it attracts all kinds of characters which can taint the picture.
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
Its different with an airbnb as that is more like a hotel where the person has a different kind of agreement.