Paola Astrid
Newark NJ Property Management s8
26 December 2024 | 5 replies
Take ownership of your mistake and learn to do the proper due diligence recommended aboveđ
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
But after all this time and effort, I still donât have a proper syncing system.
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
 $192,000 per acre.I might have to lose some weight to fit in that 36 belt so we can go another 20 feet up. Â
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDonât skip parts of the processDonât ever do a âkitchen tableâ closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you outâInvestingâ in someone elseâs deal by providing a small 2nd loan so the âinvestorâ can pay for âcash to the sellerâ and for âclosing costsâ so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you donât do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Stuart Udis
What language was added to your lease in 2024?
30 December 2024 | 7 replies
Said tenant failed to hook up the drain line properly both times.
Benjamin Finney
Macro Economic Indicators to Inform Investment and Lending Business
23 December 2024 | 5 replies
NOT Portland proper that sucks but the metro is quite hot.
Dan Attivissimo
Aspiring new investor
28 December 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Namal Burman
when does 1031 exchange make sense?
27 December 2024 | 4 replies
Keep in mind, though, if you just sell outright, you could be looking at capital gains and depreciation recapture, so itâs worth crunching the numbers with a proper tax professional (Iâm not one, by the way).What do you think the rest of the community has seen happen to property values since last year, and do you believe it changes the 1031 conversation?
Breeya Johnson
Is Austin, Texas Still A Good Place To Invest?
24 December 2024 | 12 replies
However, Austin proper has a high barrier to entry due to the sharp rise in property values in recent years.
John Burtle
Building my first spec home!
31 January 2025 | 29 replies
I have looked at other coastal markets that are less expensive than Charleston proper.