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23 February 2025 | 16 replies
And how is wholesaling brokering given; Wholesalers are engaging in contract trading for a profit margin(arbitrage) and brokers are providing professional services, facilitating transactions for a commission while obligated to act in clients’ best interests?
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9 February 2025 | 12 replies
This is not only my experience, but when you call VRBO or Airbnb customer service, they will tell you the same thing.
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3 February 2025 | 32 replies
I'm unsure which focus would help me scale my portfolio and achieve my goals more efficiently.
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19 February 2025 | 5 replies
I’m also the founder/owner of Sabino Properties, a boots-on-the-ground services provider in Dothan, AL and the Wiregrass.
20 February 2025 | 4 replies
Assuming you have access to MLS (Multiple Listing Service, a place for agents to list deals).1) Look for deals that look like investor-type of deals (e.g. low purchase price, ugly houses, or sometimes MLS will even say what type of financing it is)2) If the buyer's info is there, voila. 3) Otherwise, contact the realtor to look for leads (that will be more of a uphill battle, but you never know...)
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10 February 2025 | 5 replies
@William GranthamThank you for your service and welcome to BP.
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18 February 2025 | 5 replies
Quote from @Alex Brown: Seeking recommendations for a CPA or Tax Strategist who specializes in RE and REPS Status.This post should help:https://www.biggerpockets.com/forums/51/topics/1222774-expla...And none of us is allowed to offer you our services as long as this post is in the tax forum.
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17 February 2025 | 3 replies
I didn't see a minimum DSCR (or Rent to Debt Service), depending on the lender.Because I run my business myself my expenses are little to nothing above and beyond my mortgage and escrow payments.
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20 February 2025 | 2 replies
E&O probably isn't needed unless you are offering advisory services.
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5 February 2025 | 15 replies
A typical PM for full service is around 20-30% depending on the area.Or do you mean a PM that is local to you managing your out of state STRs?