Justin Fondren
First Property Steps To Buy
19 January 2025 | 7 replies
To minimize upfront costs, explore down payment assistance programs, creative financing strategies like seller financing, or rent-to-own agreements.
Nicholas D.
Is there anyone located in Mass who invest in OOS Apartments (10-40 units)?
27 January 2025 | 5 replies
Hello,I am a real estate investor located to Southeast MA, I own and manage a small portfolio of 23 units and am looking to expand and scale out of state as the returns and market have been quite difficult in my area: due to CAP Rates, specific building class I am looking to invest in, and rising interest rates/minimal inventory, as well as it would be nicer to be diversified and in a more landlord friendly state.
Dillon Clark
New investor on a mission
24 January 2025 | 6 replies
It seems like the perfect place, BiggerPockets, for finding people who are like-minded, asking them questions, and learning how to become a future investor.I believe that no matter how unforgiving the market may seem, the right tools, knowledge, and preparation can help minimize risk and create opportunities.
Eli Edwards
Has anyone tried this?
23 January 2025 | 4 replies
This type of deal can also help you minimize upfront costs, as you’re reducing the cash needed to buy the property outright by aligning the seller’s financial outcome with yours.While there may be details to work through, such as crafting a solid contract or ensuring alignment with any financing you bring in, these can be easily addressed with the right team in place.
Melissa Odom
Needing Advice on Commercial Project
28 January 2025 | 5 replies
During construction you'd have minimal payments, either IO or accrued.
David Oh
Profit Sharing Bonus for Property Mangement Staff
26 January 2025 | 9 replies
Employees won’t think exactly like owners, but tying bonuses to behaviors and KPIs they can influence is key.Focus on metrics like tenant retention, minimizing vacancy days, and timely maintenance resolution.
Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
. - PM charges minimal fees.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
Aishan Gonaduwage
Rental properties in Detroit
15 January 2025 | 5 replies
It’s on the rise but you just have to be selective regarding location and try to go for turnkey or keep it minimal regarding rehab So you don’t have a nightmare story trying to manage a rehab from Out of Town.
Geoff Engel
Starting late, but ready to go
24 January 2025 | 18 replies
I want to minimize my leverage as much as I can for my first one, just to give me the best chance of success.Got it, @Geoff Engel!
Deanna B.
Is Real Estate a Better Bet Than Treasuries in 2025?
24 January 2025 | 2 replies
These offer a predictable return in the 4.25% range right now with minimal interest rate risk.