Charles Chester
HELP!! Question about LEXISNEXIS
18 January 2025 | 3 replies
Question:Hi to all Professional Realtor,I am a new Realtor in NJ, and I am trying to sign up for LEXISNEXIS skip tracing.
Desiree Board
Sole proprietor, LLC or Corporation?
22 January 2025 | 3 replies
Readers should seek professional advice.
Thomas Magill
Build-to-Rent on Benfield
29 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
Readers should seek professional advice.
Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
Readers should seek professional advice.
Devin Bivens
Let the NETWORKING begin!
12 January 2025 | 2 replies
I am looking to join a mentorship program to help lower my learning curve and until I find it, I am educating myself with books, as well as YouTube University and great advice from the BiggerPockets community.I do work full-time in a career that I love and is very rewarding, but I also know I won't attain my goals with my current job.
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
Carlos Rodriguez
New to US market
11 January 2025 | 9 replies
It is important that you hire professionals who have experience working with foreign investors.
Sergio Vasquez
New Year, New Focus
21 January 2025 | 1 reply
Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!
Dyllon G.
Rent Guarantee Insurance
29 January 2025 | 6 replies
I think Landlords are better off using strong policies, knowing the law, acting quickly and professionally.