Julie Peak
Need advice in a tough market-no buyers
5 October 2024 | 5 replies
I can not comprehend how someone of such total inability and lack of knowledge is a real estate broker, or presenting themself as an agent in any capacity.
William White
Anyone here ever use epoc property management?
2 October 2024 | 3 replies
We have full-time boots on the ground in each market, and have a team centralized at our HQ in Texas as well.If you're interested in speaking with some of our current clients, I'm happy to make an introduction.We've historically worked with Aleka in several capacities (as a client of her's while she was with Acorn and Oak and then as our BIC) and our experience with her was always great.Thanks!
Michele Burkhart
investing strategy questions
2 October 2024 | 4 replies
This strategy allows you to diversify your portfolio, leveraging both the stability of a Roth IRA and the growth potential of real estate, while gradually increasing your investment capacity over time.
Christine House
Other alternatives to VRBO etc when there’s an HOA
2 October 2024 | 7 replies
@Christine House This can be the downside with investing in properties that have a HOA (sometimes they have a max capacity of how many rentals can be within the HOA, what type of rental they can be, or they can cut off rentals all together at anytime)If you have family that lives in the area, that could be a better option temporarily until you move it on into something else that can work for what you're tying to do.
Erin Killough
New and considering between vacation and long term rentals
4 October 2024 | 9 replies
Hi Erin, I work for a property management company in Milwaukee, Wi, and here are some thoughts to consider: Vacation rentals- Pros: Higher Income Potential due to tourists, Flexibility, Shorter Tenant CommitmentCons: Inconsistent Income depending on demand and time of year, More Management Required, Wear and Tear because of constant turnoverLong-term rentals- Pros: Stable Income, Lower Management Effort, Predictable Expenses, Less Wear and TearCons: Long-term commitment (this can be pro or con depending on the tenant), Market Dependence The choice between vacation rentals and long-term rentals largely depends on your financial goals, management capacity, and the property’s location.
Jonathan Greene
How To Get Clients on BiggerPockets Without Ever Asking For It
1 October 2024 | 4 replies
Of the fifty agents that you used to work with - did they ever have to come in to the office or was an office not really necessary in order to function at a higher capacity?
Janelle K. Eagle
Flipped an Old Victorian in Two Years - And Why I Will Never Do It Again.
2 October 2024 | 4 replies
Between forced appreciation on general improvements on the property and the capacity to add an additional residential structure, the sky was the limit on value growth.
Jimmy Leaton
I want to buy my second home and rent out my current home
3 October 2024 | 11 replies
Lenders often consider a percentage of that rental income when assessing your borrowing capacity, which could make it easier to qualify for a new loan.Market Conditions: Analyze the real estate market in both your current area and the area where you plan to buy.
Nicholas Williams
buying an air bnb out of state
1 October 2024 | 8 replies
@Nicholas Williams if you're doing a condo, just make sure to do your due diligence with the HOA that they allow the type of rental you are planning to do and that they are at capacity still to allow more.
Michael Kazalas
Utilize FHA loans to buy your first rental
1 October 2024 | 0 replies
I connected with a real estate agent who had a large investor client who was looking to off-load some of his portfolio.