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29 January 2025 | 107 replies
The social side of Biggerpockets, like newsletters, blogs, and SM sites, is part of the problem.
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27 December 2024 | 22 replies
I'm also working on upgrades for THE MTR Connect - better scheduling, automations, guest speakers, social media - all to help promote the collaborative and supportive space my colleague @Jamie Banks and I have created.
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3 January 2025 | 2 replies
So, the financing party can hire an attorney, get a judgment and that judgment is acceptable for filing at the county.
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31 January 2025 | 170 replies
I can accept a lower return but meeting some time commitments and returm commitments is paramount.
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11 January 2025 | 14 replies
@Joshua Lanzieri when renovating older properties there are almost always negative surprises.Go watch any HGTV renovation show and most of them will have this as a cliff-hanger, forcing the choice of either going over budget or cutting back elsewhere.10% overruns happen often, but 50% is NOT acceptable!
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7 February 2025 | 243 replies
Would be nice use it as template of what’s acceptable in the court of law
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10 January 2025 | 14 replies
Thanks Dennis, I think you're right that planning for a more conservative return would be a good idea.I re-ran my numbers at an even more conservative level:Lower ARV: $800,000Lower income levels (I'm assuming it will take a couple years to get up to full potential income, but giving myself 3 years was a conservative estimate):Year 1: 50k (NOI $1,000)Year 2: 80k (NOI $31,000)Year 3: 100k (NOI $51,000)My ROI numbers come out to:1% (year 1) 46% (year 2) 76% (year 3)This scenario seems like an acceptable risk to me, when the upside seems far more profitable.
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4 January 2025 | 4 replies
But, for instance, I sent them a notice of rent increase effective February 1 and needed them to confirm that they have accepted the new payment terms through our electronic payment system, and even after repeated notices, they are not responding.
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2 January 2025 | 13 replies
Share your listing on social media to bring in more bookings and keep the momentum going.Need help crafting a review request or tweaking your listing?