Robert Zajac
Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
So, I had to put zeroes in to maintain the proper format.There's the first two 10-month "chunks".
Tori Roy
Unscrupulous Private Lenders and outright SCAM ARTISTS!!
23 December 2024 | 12 replies
When we requested him to cancel the loan and refund us the closing cost - he said it was against his company policy to cancel a loan - even though the loan documents do not mention ANYTHING of that sort.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
That group are scammers with zero morals or scruple.
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.
Stephen Tawiah
Funding For First Real Estate Deal
2 January 2025 | 9 replies
I strongly recommend against people buying real estate with zero money.
Jack Larkin
Lee Arnold's Capital Syndicate
21 January 2025 | 74 replies
Because all we have for credibility is his word and a Facebook page with zero likes on it.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
Plus they will now have to make FULL disclosures to both buyer and sellers and there will be a full 3 day right of rescission. the main reason wholesalers dont get licensed is so they dont have to follow the rules like a licensed agents.. in other words they have Zero fiduciary duty to the seller or buyer..
Amol Kulkarni
Amol Kulkarni - I need a PM
5 January 2025 | 4 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
Marquez Cadet
Repair Costs Using Home Warranties
30 December 2024 | 3 replies
Many warranties cover single-family homes or duplexes, but for multifamily properties, you might need a specialized policy.