Max Schilling
Cash For Keys In Foreclosure Sale Property
3 February 2025 | 3 replies
For example, with cash for keys you don't give that to them until they are out, BUT they may need help getting out.
Francisco Javier Villanueva
Meet ups in colorado springs colorado
31 January 2025 | 4 replies
Hey @Francisco Javier Villanueva,Glad to see you looking for events to get out and meet the people who are active in your area!
Jack Pasmore
Property Managers – How Are You Handling Tenants Who Aren’t Paying Rent?
7 February 2025 | 8 replies
If they have a 100 unit property and 5 units are eviction candidates, they can leverage and hold out a bit since the other 95 units are performing.
Aj Green
Cancelling Home Purchase (Buyer)
7 February 2025 | 1 reply
If so you should be able to cancel but if you are doing it out of the inspection period you are stuck and could run the risk of losing your earnest money if you put any down.
Chris Core
Everything needed to start, can't find a cash flowing property.
7 February 2025 | 11 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Steve Tokita
Is showing a rental home with WiFi smart locks and webcams a bad idea?
7 February 2025 | 7 replies
I sold out years ago and it was the best thing I ever did. unless your up in Madison or by the REsivour in prime areas Getting houses stripped is a major issue and letting folks just walk in is insanity in those markets NO LOCAL would remotely consider that.
Benjamin Blunt
How do you find Off-Market Properties?
29 January 2025 | 28 replies
Did you fill out your profile page for BiggerPockets??
Andrew Swaim
finding discounted deals, im struggling
2 February 2025 | 2 replies
Quote from @Andrew Swaim: hey everyone, I have a couple investment properties but i have never found a awesome discounted deal, the last BRRRR i did was just alright, i started using deal machine but all my cold calling is coming up empty, the wholesalers in my area have been sending out crap.
Don M.
First time with new construction: Cape Coral, FL
5 February 2025 | 205 replies
or on a grand scheme, it's all come out to be the same?
Sino U.
Inspection: What to check for duplex
7 February 2025 | 6 replies
In a perfect world the water is hard piped at least 15-20 feet from the structure once it comes out of the gutters.Where is the top of foundation in relation to elevation of drainage and elevation of the road?