Mitch Smith
How Tiered Returns Has Helped Us Structure Our Private Lending Deals
17 January 2025 | 3 replies
Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.
Mary Peale
Seeking Advice on STR Profitability & Strategic Adjustments for Year 2
15 January 2025 | 15 replies
I find the vast majority of my stays are families that love the games and 30-40% of the time they bring their pet as well.
Khalaf Spencer
Hello, I'm new to Bigger Pockets
21 January 2025 | 12 replies
Stay for the forums, avoid the Bigger Pockets upsells and you will be golden.
David Lewis
How are you forecasting rent potential?
4 February 2025 | 6 replies
Or you may notice that all the $2,500 houses are listed week after week - meaning they aren't rented - while all the $2,100 houses disappear within days.I recommend investors review their market at least once a month, even when your rentals are occupied, to ensure you stay current on what the market is doing.
Alec Jacobs
How do I your/screen potential tenants effectively?
4 February 2025 | 4 replies
I made the mistake of letting someone get in one of my first units that was a bit off the 3 times, they were great tenants very kind and enjoyed their stay and experience with me, but could not afford it when I increased the rent on them, which is something you will have to do because of rising insurance/tax costs.5.)
Miles Williams
Happy to have Found BP!
4 February 2025 | 6 replies
Initially I really wanted to do a STR down in North Padre Texas (as it is a place I have vacationed for years and have stayed in at least 8-10 of the STR in the exact complex im looking into, I see how my STR could stand out amongst the rest since Im huge fisherman down there and that is mainly what those STR are used as, already have boat rental option setup if I go this route, list of fishing and possible guides to go with depending on style of fishing, family, fun, hardcore wade fisherman etc etc and equipment rental available for those that do not have.), the places im looking at are decent $ properties that after running through calculators etc showing 18-22% CoC after management fees etc.But after listening to BP for about a month, now thinking BRRRR possibly and doing up here in the DFW area.
Chris Otto
First time with potentially investing and in need of advice with my situation
4 February 2025 | 0 replies
Our lot is fenced in and we cannot see where he lives but close enough to be of concern, but we want to stay in the same town until the kids are finished school.So, my question is this, would it make sense to rent our home (roughly $2300-2500/mo. as per real-estate agent claims), with the stipulation that the garage is used for my business AND buy a home nearby?
Nick Raffety
New investor looking to house hack in 6-12 months
3 February 2025 | 7 replies
I'd like to stay in the southeast and would appreciate any insight other investors can offer about cities in the southeast.
Dylan Fraembs
New Member Looking to Connect!
3 February 2025 | 12 replies
I plan to stay overnight for a weekend trip in the next week or so.
Michael Labudzki
I have 200,000- 250,000
22 January 2025 | 8 replies
Are you looking to stay in the city?