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13 February 2025 | 5 replies
If you do, you'll want to activate your free RentRedi subscription that all BiggerPockets Pro Members have access to.
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15 February 2025 | 4 replies
Feel free to reach out if you have any questions.
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23 February 2025 | 3 replies
If mobile home investing is a niche you want to pursue and you have questions, feel free to DM.
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22 February 2025 | 17 replies
I agreed to handle one of their portfolios for free (he's actually still with us nearly 15 years later) if he would build out a system to help us build out the database system.
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27 January 2025 | 17 replies
You may be able to see if a retailer still sells the 2024 version.If you can't get the one time purchase, you would need to see if the cost is beneficial.For real estate - Quickbooks desktop > Quickbooks online because you can set up multiple entities within quickbooks desktop and not pay an additional cost per entity that Quickbooks online would charge you.Best of luck!
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22 January 2025 | 0 replies
This is much lower than the costs associated with refinancing.Benefits of Mortgage RecastingLower Monthly Payments: The most immediate benefit is a reduced monthly payment, which can free up cash for other financial goals.Save on Interest: By reducing your principal balance, you’ll pay less interest over the life of the loan, potentially saving thousands of dollars.No Credit Check or Appraisal: Unlike refinancing, recasting doesn’t require a credit check, income verification, or home appraisal, making it a quicker and simpler process.Keep Your Current Interest Rate: If you have a favorable interest rate on your current loan, recasting allows you to maintain it while still lowering your payments.Drawbacks of Mortgage RecastingRequires a Lump Sum: Not everyone has the cash on hand to make a significant lump sum payment, which can make recasting inaccessible for some homeowners.Doesn’t Shorten Loan Term: While your monthly payments are lower, recasting doesn’t reduce the length of your loan.
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8 February 2025 | 3 replies
Feel free to reach out if you have any questions!
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19 January 2025 | 51 replies
Yes, I am looking for an online platform to begin self-managing too.
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21 January 2025 | 13 replies
That said, Detroit is very much a block-by-block city, so local knowledge is critical to avoid issues.If you’re serious about learning more, feel free to send me a DM.
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9 February 2025 | 2 replies
I am also listening to the Bigger Pockets podcasts daily during every free period I have throughout my day while trying to learn as much as possible.