
5 October 2024 | 11 replies
Did the appraisal come in lower then you had expected?

7 October 2024 | 16 replies
@William SilvaRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

4 October 2024 | 12 replies
How much equity do you currently have in the property, and do you expect it to appreciate enough in the next six months to qualify for a HELOC?

4 October 2024 | 8 replies
.-- Expect a grace period of two months once the new regulations are enacted into law.

5 October 2024 | 2 replies
.• Person C is still alive and will be selling the real property today for $290,000 with an expected net profit of $235,000.Overview of Ownership and Basis Calculation1.

4 October 2024 | 4 replies
As for protocols, just make sure to set clear expectations—cleaning schedules, payments, and house rules—so everything stays smooth during the longer stay.

4 October 2024 | 8 replies
Not everyone is fit to be a landlord and I don't know what expectations were set when you first bought it.Regarding him not working on the house since he started dating someone, you need to politely tell him that he has obligations that he committed to.

5 October 2024 | 5 replies
Showing property of interest below: This is what I'm understanding...Property price: $210,100Rehab: $30kARV:$270kTo please a bank, they will ask me to leave 30% in the property when I try and cash out...that's going to mean if it appraises to the expected $270k, I need to leave $189k in (270 x .7) However, I've already purchased it for $210,100...is anyone seeing the difficulty here?

3 October 2024 | 3 replies
Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

5 October 2024 | 7 replies
@Aaron Kohanbash start with this;)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?