
24 December 2024 | 12 replies
If you’re in it for cash flow, you’ll likely find it difficult to find a deal that will pencil out.Besides, like @Jason Taken said, hundreds of thousands of new units have come online post-pandemic, so there’s a lot of new builds at the moment.

27 December 2024 | 13 replies
Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.

29 December 2024 | 11 replies
Hi @Reeti Peshawaria You can try this resources: Build Your Bnb: short term rental & Airbnb regulations For 400+ U.S.

30 December 2024 | 15 replies
Meaning you cannot just evict a tenant because their lease has expired.You will have to build sufficient evidence admissible in court and to the satisfaction of a judge to prove good cause to get a warrant of eviction.Many housing providers kept high risk tenants on month to month leases so that if the tenant stopped paying rent, you could simply give them a notice to vacate and recover possession of the rental unit that way.The reason for this methodology was because the HSTPA of 2019 passed in NYS made it extremely onerous and costly for housing providers to evict due to non payment.That method under good cause will be eliminated.So you can still keep tenants month to month but you will need to document the lease violation due to nonpayment rigorously.How many times and how late is “good” enough?

24 December 2024 | 5 replies
You're smart for recognizing the importance of building relationships...very few wholesalers in my area understand this.

3 January 2025 | 40 replies
Point being that property you acquire 1-2 years ago is likely to be subject to deferred maintenance and capex, so their "long term" performance in rankings 1), 3) might skew poorly in year 1-2 but may pickup after you've found and fixed all the hidden issues.I know if i did this exercise across my portfolio, the recently acquired ones wouldn't be fairly "stacked" because of all the year 1-2 cost build up from what the seller deferred, but have good chances at being future performers in years 3-5.Maybe that's why you have 2) and 5) but curious your general thoughts here are for evaluating this.

23 December 2024 | 3 replies
@Jeremy H Barton I would suggest taking a look at your cash flow before signing up for a HELOC on a brand new building.

25 December 2024 | 10 replies
So I can have their HQ address and add a different address for reach building they own.

22 December 2024 | 23 replies
I would say that 80% of the Building Inspectors I worked with over the years (in SoCal) were on a power trip.

17 December 2024 | 4 replies
You are far more likely to find a mentor through in-person networking and building relationships.