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Results (10,000+)
Kevin Vasquez What stands out to you on this initial cost worksheet?
9 May 2024 | 8 replies

Background context:I have a 805 credit score, low DTI and attempting to secure the lowest cash out refi to pay off a debt ($50k). My broker is saying the broker fee is a standard $3000 amount bc the amount requested i...

Philip Coiro Best Practices for Hiring Cold Caller and Acquisition Manager
10 May 2024 | 18 replies
My initial thoughts are to hire a cold caller, providing them with lists and scripts to qualify sellers.
Allen Stewart Looking to build and grow
11 May 2024 | 10 replies
In order to non-renew a lease agreement, the housing providers must have a legally allowable cause AND legally inform the tenant that they are initiating a no-fault eviction on the tenant.This is a major change in Colorado contract law as housing providers may only non-renew (or no-fault evict) a tenant for one of the below reasons as outlined in the new law.Legally allowable reasons to non-renew a lease agreement (no-fault evict):= Demolish the property= Convert to non-residential use= Convert to short term rental= Owner moving into propertyIf the owner IS moving back into the property there are additional specific requirements – including timeline requirements to ensure the property may not be re-listed for rent for a specific amount of time.= Owner selling the property= Substantial lease violations= History of non-payment of rentThe history of non-payment of rent is conditional and specific as to the details and timeline of non-payment.
Alexander L Gulledge What to look for when acquiring new property in this market?
10 May 2024 | 2 replies
Initially, I was hoping to find a property I could BRRRR but have found very few properties where the numbers make since.
Anthony Lowe Beginner in real estate investing. Looking for advice
9 May 2024 | 2 replies
Initially, I have been the most interested in either single family long term rentals, or STR's.
Joseph Rivera Searching for a partner to collaborate on flipping
9 May 2024 | 4 replies
I am seeking a partner to collaborate with on completing a property flip in the Riverside or Orange County area.I am specifically interested in working with an individual who has experience with more than 10 successful property flips.Kindly inform me as I am prepared to initiate the process.
Sam Booth So Dave Ramsey says.....
13 May 2024 | 79 replies
For many getting their initial investment out is the winning strategy.
William Coet Is This For Real? High Yield Savings Accounts 5.27%
9 May 2024 | 8 replies
My initial rate was about 5.24% but it may have fallen some since then.
Sung H Kim One large Multi Family vs Many small units
9 May 2024 | 6 replies
Pros:- Everything is all in one place- Easier to manage, less hassle (likely)- More predictable - Easier paperwork Cons: - Less liquid (have to sell all or none) - All eggs in one basket Just off the cuff, those are my initial thoughts. 
Carlos Ptriawan Biggerpockets and AI
10 May 2024 | 7 replies
Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.