Catalyn Perez
New Investor working in Connecticut
23 October 2024 | 10 replies
By the way Congratulations to @James Wise for being amongst the top 4 members in points and on the leader board this this week.
Tyler Bilinovic
How important is getting an account for tax purposes when entering long term rentals
23 October 2024 | 15 replies
Congratulations on acquiring your first rental properties!
Mike Eichler
Three Killer Poconos STR Renovation Examples
23 October 2024 | 10 replies
Congratulations all around and I imagine they are going to be successful for years to come.
Juan Alvarez
To sell rehabbed property or hold options
22 October 2024 | 10 replies
Hi there,Congratulations on starting your real estate investing journey and completing the rehab on your Detroit property It sounds like you've done a lot of work and are now at a critical decision point.First, let's break down your situation:- You've already done major rehab and have a tenant in place.- You analyzed the hold option and know it can cash flow.- The property is not getting much traction as a turnkey, and your hard money loan is maturing soon.Here are some key things to consider:**Refinancing with a DSCR Loan:**- DSCR (Debt Service Coverage Ratio) loans are great for investors because they focus on the property's cash flow rather than your personal income.- Make sure the property appraises for the calculated ARV (After Repair Value) to get the best loan terms.- Consider the loan terms, interest rates, and any prepayment penalties.
Alan Asriants
Please stop listening to and paying Real Estate/Instagram Gurus!
19 October 2024 | 7 replies
He was stuck managing from afar, and the costs quickly piled up.
Cameron Scheuer
Introduction to Bigger Pockets
21 October 2024 | 10 replies
Congratulations on your recent graduation!
Scott Deetlefs
LTR vs STR as first investment
20 October 2024 | 8 replies
Let's break it down.First, congratulations on saving up for a down payment and considering your next steps carefully.
Rita Samaddar
Review of Open Spaces Women Portfolio Program - 3 mnth Cohort Prg
27 October 2024 | 25 replies
Hi Rita,Thank you for the feedback and congratulations on pursuing your first BRRR purchase.
Travis Andres
Has anyone heard of Direct2Deals for leads?
23 October 2024 | 38 replies
You only have to pull in a few people to make piles of cash without producing any results . . . it is easy to blame the person that paid for the service for not spending enough or working hard enough.