Jonathan Greene
Don't Become a Property Hoarder or a Door Counter
3 January 2025 | 40 replies
This time it's void of location premium not proximity, and that should absolutely be a deciding factor.
Steve Fiedler
Excited to join the Bigger Pockets Community
12 December 2024 | 5 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Monica Gonzalez
Newbie - Analysis Tools - No/Low Cost
18 December 2024 | 26 replies
Hi Monica, you can use tools like rentometer, rent cast or "price my rental" feature on Zillow.
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
30 January 2025 | 47 replies
You need to avoid certain high risk features, which include balloon payments within 5 years, excessive fees, validate that the borrower has the ability to repay the loan, make sure they are likely to repay the loan based on their credit history, excessive late fees, long loan terms, etc, etc.
Eddie Espinal
Has any body here used PadSplit for their rental properties?
14 December 2024 | 22 replies
I'll also teach you what I know about identifying the ideal property for PadSplit, refinancing, as well as strategies for flipping homes into turnkey PadSplits that command a premium on the market.
Ben Sturgill
Financial tracking software or spreadsheet
7 December 2024 | 6 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
Kyle Jacques
What is the best software for managing STR?
7 December 2024 | 15 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
Zachary Sakena
How to structure first rental in NJ: Should I use an LLC? Land Trust?
11 December 2024 | 13 replies
They are also the same individuals who are constantly involved in conflict, have terrible loss run histories and therefore higher insurance premiums and are paying far more on legal.
Shan Randall
New member - open to networking
12 December 2024 | 6 replies
These can sometimes offer better cash flow, especially if you’re in a family-friendly area with unique features like extra square footage, an ADU, or flexible layouts.
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
Plus, can upgrade to premium to get more attention.How many showings have you had in the last 2 months?