Robert Ok
Best Real Estate Coaching Programs
14 January 2025 | 11 replies
.#1 Please share the best general coaching program that covers all the Real Estate Investment domains.#2 What about the best focused coaching program that covers Wholesaling.Also, is there a list where these REI coaching programs are listed and rated?
Kyle McVay
Looking for Property Management Rec.'s
20 January 2025 | 5 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Chris M.
Questions about putting property into an LLC for asset protection
18 January 2025 | 3 replies
Do you think it's common for a tenant to sue for an amount greater than insurance can cover, then take your property or even your personal assets?
Leon George
New to BP Community
24 January 2025 | 13 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Chantelle Lewis
Property manager recommendations - LA County
24 January 2025 | 3 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Bruce Rasquinha
SDIRA's as investing tools
23 January 2025 | 5 replies
The rent from this property covers the mortgage.
Abhishek Wahi
Question About Location: Plymouth Michigan
23 January 2025 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Jason Burkart
Gift money for family or buy a rental for family?
20 January 2025 | 8 replies
Since you won't be able to recognize it as a valid rental if you're charging under market rent and you also expect to be covering any house expenses that are outside of her budget, this seems the best choice.
Tom Server
I need some assistance , Not sure what to do, need money from my equity
26 January 2025 | 3 replies
Quote from @Tom Server: I’m looking for advice on the best way to access about $100k to pay off my 401k loan, credit card debt, and cover some rehab costs.Here the information- I purchased 2 properties last year, 1 is a rental property that i had for about 8 months, the balance of the mortage is 170k, worth around 300k .
Jasper Zimmerman
Property management Anderson, IN
21 January 2025 | 6 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.