Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
2 February 2025 | 55 replies
-I'm fairly careful with communication , but again, I know doing business online is way riskier, but I want to ask: Typically, I would trust someone who seems very in-depth, informative (gives statistics and numbers), and basically would give me thorough steps (including worst-case scenarios and what would best fit my situation)^^would people who have experience say that even with the above, some agents/lenders/PMs would still be sort of out to get your money and do a lousy job?
Blake Grzybowski
Can't find Pre-Foreclosure Properties
15 December 2024 | 8 replies
That also perhaps makes people more motivated to sell. 4-5 weeks....that's plenty of time to get a deal done.Good luck.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
BoA is fine for this sort of setup.. but consider a local credit union in San Diego for lower fees and simpler sub-accounts from what I’ve heard.
Ahshar Sylvestre
Open code violation list
23 December 2024 | 15 replies
if there are 10 interior cosmetic violations opposed to a roof repair violation I'd imagine one would be more motivated than the other.
Salil Surendran
Converting from homeowner to landlord insurance policy
30 December 2024 | 11 replies
You need some sort of insurance that covers non-owner occupied properties, whatever it might be called.
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
-- sort of depends where you live and if you want to invest out of state / have the ability to manage a team remotely, the best out of state investors are very active in managing their teams.
Albert Hepp
Are you seeing Flat Fee Buyer Agents in your market?
3 January 2025 | 26 replies
If the costs for home buying goes up for first time home buyers then the results will probably be that less starter homes will be moving in the market unless non profits and the sort step up.
Rajesh Kasturi
Best Places to invest for Mid Term Rentals with cash flow and appreciation
24 December 2024 | 8 replies
Learn how to evaluate a market by either reading and listening to a lot of content or by providing some sort of value to someone who already has that knowledge.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.
John Daniels
DSCR Lenders on Lafayette, LA
21 December 2024 | 8 replies
Also recommend the BP Find A Lender Tool - can sort by state and type of loan needed (DSCR)https://www.biggerpockets.com/business/finder/lenders