Ashley Mierez
What are investors looking for from wholesalers?
7 January 2025 | 7 replies
Also, having a rehab budget already laid out with explanations on how you got the numbers would help and is definitely a plus when I look at deals even though I typically wont use their numbers it at least shows a little more effort.
Sejin Kim
Good real estate classes?? el
6 January 2025 | 2 replies
They typically provide education and also have classes/courses to take.
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
This sudden jump in rates has not fully caught up with market cap rates yet since especially in the commercial and multifamily property markets, transactions typically take 6 months to transact, creating a lag effect between interest rates and market cap rates since interest rates adjust daily.
Summer Shelton
Income from property considered when applying for loan as primary residence
11 January 2025 | 8 replies
Typically 75% of rental income can be applied towards your DTI for qualification.
Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
Typically the first set of tenants I screen are the ones who end up in the unit due to prescreening activities like my application and making sure I meet them.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
This approach allows you to have a legal presence in the country, which is often necessary for investing there if you don’t live in Spain.Having a virtual office in Spain through your LLC could help you access local tax benefits and deductions, such as expenses for mortgage interest, repairs, and insurance, which non-residents typically cannot claim.It’s worth consulting with a tax or legal advisor familiar with both the US and Spanish systems to ensure compliance and take full advantage of this option.
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 replies
@Ethan Slater here's some info we hope you find useful:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Aaron Raffaelli
DSCR Loan for a first time REI
19 January 2025 | 18 replies
DSCR loans typically require 25% down, and have higher interest rates and fees.
Evan C.
So is this how substitution of collateral (substitution of security) works?
2 February 2025 | 7 replies
It is not typical that you will find SF deal after deal, and if you are actively marketing for distressed sellers many...most...will want cash sales.
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
Small businesses are typically valued at a multiple of SDE.