Lyons Library
New Investor in Multi-Family Real Estate Looking to Learn and Partner
29 December 2024 | 2 replies
I’m not claiming to know it all—I’m here to learn, build relationships, and grow.Here’s what I bring to the table:A strong understanding of leveraging Net Operating Income (NOI) to secure financing and reduce out-of-pocket costs.Experience in negotiating deals and identifying opportunities, especially in the LA market where many multi-family properties are under $2 million.Skills in managing larger properties, from scheduling repairs and upgrades to optimizing operations for long-term value.The ability to use AI tools for data analysis, market insights, and deal projections to help us act quickly and efficiently.I’ll be upfront—my funds are limited after dedicating the COVID years to supporting my family, but I have the work ethic and expertise to find and manage properties that perform.
Eli Kim
Maxed DTI. How should I get more properties?
10 January 2025 | 20 replies
Down payment should be about the same (20% on a buy-and-hold) but you'll see an additional $3-$6k on average in CC and the ability to keep it off of your DTI/Personal credit along with hopefully no more hard inquiries on your credit (many lenders will accept/perform a soft pull).
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
If you have the ability to visit, I highly encourage you to do so!
Ken M.
Creative Financing for 2025
2 January 2025 | 10 replies
For a relatively "safe" creative financing, one needs serious reserves (lots of moolah) and the ability to sell or refinance quickly when one of those "hiccups" occur.The gurus usually collect a large fee, from people who have neither money, reserves, nor experience.
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
Quote from @Kevin Robert Highgate: The ability to invest in property and replace your W2 income quickly is tough.
Janea L.
AI and REI
29 December 2024 | 17 replies
The understanding you bring to each transaction, the ability to read between the lines, and the personal connections you forge are irreplaceable elements that complement the analytical power of AI.
Gene D Stephens
Experience with Adverse Possession?
30 December 2024 | 7 replies
Typically these encroachments are much more likely to fall under PE than AP...Finally if no one has filed anything for AP or PE yet, then you may have the ability to regain your property right.
Aaron Zimmerman
Free CRM For Real Estate Investors
25 December 2024 | 10 replies
Ideally, this CRM would have the ability to have up to 500 contacts, at the very least.
Aaron Kuehmichel
Who pays when Tenant requests 220 volt electric dryer hookup; 110 and gas provided?
29 December 2024 | 13 replies
Adding the ability to have an electric dryer adds minmal value to your property.....most people buy gas because it's cheaper to run.
Levi Perl
Applicant with 1 DUI
22 December 2024 | 4 replies
Quote from @Levi Perl: The purpose of background screening is to determine a level of risk, and then you decide if you can mitigate that risk.How does a DUI conviction from three years ago impact the tenant's ability to pay rent or maintain the property?