Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
(You know you’re on the right track and you insure future leases end between March and July by varying the length of the new lease.)Good luck.
Marc Shin
how long to complete the BRRRR process?
12 December 2024 | 6 replies
If you’re aiming for 3 months, having a reliable team and the right lenders in place will be crucial to keeping things on track.More about how DSCRs support BRRRR refis: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...
Sanjay Singh
Thoughts about Indianapolis
16 December 2024 | 11 replies
Avoid areas with high vacancy rates or declining property values, often concentrated in certain inner-city neighborhoods.Since you’re out of state, building a local team is crucial.
Caleb Johnson
Hard Money Lending Questions
20 December 2024 | 14 replies
Make sure you understand their timeline for funding—speed can be crucial for flips—and their experience with similar projects.Look for a lender with clear communication, transparency, and flexibility.
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
Especially since I have a solid track record in general for having a good sense of people.
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
One of the big ones is that accounting software can keep track of partners' contributions and partner equity.
Rene Hosman
What is your preferred way to collect rent?
28 December 2024 | 12 replies
The online platform is ideal for tracking all of that and more.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
To clarify, my focus isn’t on analyzing T-12s for purchasing a property but rather on developing a solid T-12 for managing my property effectively and for use when I eventually sell my investment property in the future.I want to ensure the T-12 I create is both accurate and straightforward, serving as a reliable tool for tracking performance over time and presenting the property’s financials to potential buyers down the road.If you have any advice on key elements to include or how to structure it for these purposes, I’d greatly appreciate your insights.
Rich Emery
DSCR without penalty for selling early?
19 December 2024 | 15 replies
It’s crucial to run the numbers and consult with a lender who can tailor solutions based on the specific investment goals.Best regards, Stevan
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
You're on the right track!