Joe Cal
Team exit questions
30 December 2024 | 0 replies
The experience was really bad as I was getting 1-2 year old leads to cold call that I knew had a 0% success rate and I do much better generating leads organically on my own.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
If my client wants to pay it its up to them but I wont.. two reasons one is personal I feel most sellers this is there only asset or majority of their net worth and its just unconscionable but 90% of wholesaler frankly its about them they could careless and I know others will get on here and say they are not that way.. but as one who funds these deals probably over 100 deals a year with a wholesaler fee on it..
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
They were also more likely to smoke in the house and leave burn marks on furniture.Now, I’m shifting my focus to families and business travelers, especially since we’re only 5 miles from the Houston Medical District and major attractions like Minute Maid Park (home to Major League Baseball's Houston Astros), Toyota Center (home to the NBA's Houston Rockets) and the NRG stadium (a multi-purpose stadium with seating capacity of 72,220).
Mitch Davidson
New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
A majority of the sentiment from the listening session on the 18th was in favor of STRs and there were a lot of people who shared personal stories of their rentals or their business which support their life, family, and future retirement of inheritance for their families.
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
24 January 2025 | 36 replies
Currently, I self manage using software program that centralizes the majority of information and messaging and pushes to all the platforms that we list the properties on.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
Yet, I regularly correct major errors made on tax returns by HRB people and even by CPAs.
Ajit Singh
New Member - Serious Investor - ISO of a Mentor
6 January 2025 | 5 replies
The majority is RE agents & associates desperate for business, predatory and awful.
Lee Sanders
Hello from Boston MA
27 January 2025 | 25 replies
Plus macroeconomics here in Columbus is booming right now because of developments from Intel, Meta, Amazon, Honda, and lots of major companies building out here.
Aaron Raffaelli
DSCR Loan for a first time REI
19 January 2025 | 18 replies
With DSCR, credit and down payment are the major factors (plus the property itself of course) so it is very possible since a lot of the properties in the area cashflow pretty well.
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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.