Elton Tate
Purchased an Investment Property in Cornerstone Detroit
18 November 2024 | 9 replies
This property will be a good test to see how accurate the information is on AirDNA.
Nathan Frost
Inspection Tips to get seller credits
14 November 2024 | 3 replies
That being said, here’s what I would recommend for a thorough DD process:-Build a plan in advance (setup a spreadsheet, meet with the team, etc)-be prepared to take a lot of pictures -document notes with each room (we use notes on Apple and share it with the team)-align the team on standardizing information (example: what does “bad” mean, what does “okay” mean, etc - everyone looks at things differently and you want to make sure the notes are accurate during your debrief)-bring in professionals for things you can see, like sewer lines hope this short list helps!
Carsten Mortensen
Due Diligence on a wholesaler
21 November 2024 | 12 replies
If you are buying a BRRRR then make sure your rehab budget and ARV make sense and is accurate.
Marcus Gonzalez
I am interested building and selling homes
14 November 2024 | 13 replies
Quote from @Michael Smythe: @Marcus Gonzalez you'll need a general contractor with accurate numbers.With no experience, you'll probably need 25-30% down for a spec home construction loan.
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
Another investor said I shouldn't buy properties from flippers since you don't know how good the renovation was - is this an accurate assessment?
Natalie Johnstone
Tax defaulted property auctions
24 November 2024 | 11 replies
Was my description accurate to your experience?
Ashley Mierez
Why don't agents and investors like wholesalers??
26 November 2024 | 25 replies
The good wholesalers will have experience, knowledge (provide accurate ARV estimates or at least close), integrity in putting together win-win transactions, and a list of actual real cash buyers ready to buy (or capital/ capital partners to close on the property themselves if they can't find a buyer), so that the seller isn't left in the lurch and harmed by having their property locked up by someone who doesn't actually have any buyers or a clue on how to sell the property, or any money to buy it.
Jonathan Greene
The Most Important Parts of the House to See as an Out-of-State Investor
13 November 2024 | 4 replies
Is this accurate, if a property is owned by investors and constantly being sold and bought that's a warning sign?
Vivan Bhalla
Akron Property review and advice needed
19 November 2024 | 3 replies
Read our copy & paste advice below on better screening for a PMC.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Andrea Lee
First Timer - Any Property Management Recs in Cleveland Ohio?
18 November 2024 | 27 replies
@Andrea LeeRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.