
26 February 2025 | 11 replies
So if you provide a good letter of explanation, then you could do more than the 10% as long as it falls within the 50% of the gift funds.

4 February 2025 | 0 replies
Platforms like Procore, JobTread, Buildertrend, and FlipperForce have caught my eye, but I want to make sure I’m considering the best fit for my needs.Here’s what I’m looking for in a solution:Cost Estimation: A tool that accurately calculates material and labor costs.Project Oversight: Features to manage tasks, schedules, and budgets efficiently from start to finish.Vendor Integration: Real-time updates on pricing and inventory from suppliers like Home Depot or other suppliers.Material Suggestions: Automation or recommendations based on the rehab’s scope and specifications.Labor Planning: Tools to predict labor hours and staffing requirements for each phase of the project.For those of you who’ve used any of these platforms (or others), I’d love to hear your thoughts:Which software have you found most effective and why?

9 February 2025 | 11 replies
Have any of you tried FreedomSoft CRM platform?

26 February 2025 | 22 replies
So, how is a TurnKey provider going to get higher rent than the market?

11 March 2025 | 22 replies
My ultimate goal is to generate $11K per month cashflow which I will be able to do with 7 properties provided they are all paid off.

10 March 2025 | 16 replies
For turnkeys, most providers use 7% of the monthly rent for vacancies (but double-check that with the area the property is in) and 5% for repairs.

26 February 2025 | 4 replies
Quote from @Timothy Fortin: Hey Bigger Pockets - I'm looking for some advice on how to provide comps to a hard money lender for 2 townhomes I'm building in New Hanover County, NC.

11 March 2025 | 5 replies
I recommend everyone always create their own IRR calculator as they can get pretty complex and oyu will want to understand all the inputs and outputs. we provide a basic one to those in our membership group but I always recommend build your own and understand not only the numbers but sensitivity that lines up with those inputs.If you are hard money lending thats simple as its just a column of dates and amounts for loan provided and monthly interest and points.

12 March 2025 | 1 reply
@Daniel BarbaWhen I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.

11 March 2025 | 0 replies
Most of all, someone who is willing to provide me with the mentorship I need in order to get a foot in the door.Thank you,It'd be a pleasure to speak to any of you