Gina Coleman
What will I need for my first rental? Insurance, banks, PM, etc
11 July 2024 | 24 replies
@Hamidou Keita Detroit is one of the best cities in the Midwest for investors, see chart below:Regarding, your first property, we've helped many OOS investors get started in Detroit with our logical approach to invest wisely and avoid critical mistakes.
Yongming Huang
Why are real estate agent commissions so high in the US?
10 July 2024 | 87 replies
Humans are Emotion Machines who happen to use logic at times.
Carolyn Mazzola
RentRedi vs Property Manager
9 July 2024 | 8 replies
I'd prefer to use RentRedi for those things, being from the Bay Area it seems highly logical to me to use a digital platform for everything, it is much more efficient and cost effective.
Erica Calella
Meetups in Charlotte
8 July 2024 | 3 replies
It is a monthly meetup and the next one is Tuesday at 6pm at Devil's Logic Brewing (1426 E 4th St).
Cody Anderson
Make Participation Mortgages Great Again
7 July 2024 | 2 replies
They seem, at the surface, to be a logical instrument for long term incentive alignment, especially in today's market.
Alicia Marks
Have a question you'd like asked on the BiggerPockets podcast?
12 July 2024 | 79 replies
The emotional side of me is so angry that they damaged a house I put a lot of work and TLC into, and that between damage and lost rent, basically a year of profits from the house will be wiped out, but the logical side of me thinks I may be throwing good money at bad.
Sean Gribbons
AIRBNB & Short Term Rental Underwriting Spreadsheet
7 July 2024 | 15 replies
I use this spreadsheet to help find logical deals in my area.
Ivan Aldana
Dealing with bad contractors
7 July 2024 | 42 replies
We went back/forth on his lack of logic and I just ended the call.To your situation, unless they filled out a adverse possession claim, beautified the home, or lived there 21 years, then squatter’s rights don’t apply.- As everyone said, get a lawyer ASAP for a civil and possibly criminal trial.
Lucas Schlund
Planning My First BRRRR - All Cash or Finance
5 July 2024 | 19 replies
@Lucas Schlund there are logically, 3 options:1) Buy Cash: PROS: You can get better prices on houses because you can close faster with motivated sellers and buy houses that need repairs to qualify for a mortgage (less buyer competition)CONS: takes the longest to save the funds2) Use Rehab Loan:PROS: Same as #1CONS: more expensive loans:---FHA 203(k): not that expensive, but must live in the property for 12 months before renting---DSR Rehab loan: relatively expensive and may need experience to qualify3) Mortgage on Property with Cosmetic Repairs:PROS: easiest & cheapest to doCONS: lots of competition, so can be hard to find a "deal"PM us if you'd like to discuss these in more detail.
Luca Giani
Seeking Advice on Property Management Issues for Out-of-State Real Estate Investment
3 July 2024 | 15 replies
I spent more money for the original PMC to manage an empty rental than my current PMC (Logical Property Management) costs to manage an occupied rental.