Will Daugherty
Building a portfolio dashboard
19 January 2025 | 1 reply
I would like a payoff planner that helps me navigate the various maturity dates and interest rates of my (15 due in 5) mortgages so that I gain the best financial advantage when paying down principal balances.
Hannah Liu
Excited to Learn and Connect in the Real Estate Journey!
31 December 2024 | 13 replies
I’d love to learn from all of you, connect with like-minded people, and eventually achieve financial freedom together!
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
Quote from @Greg Kasmer: @Jay Hinrichs - What type of asset class do you target with property radar?
Aja Sellers
Greetings from Germany!
26 January 2025 | 9 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
Additionally small tenant improvements could have similar benefits with bonus depreciation and new assets.
Jim Stanley
Anyone invest with a hard money lender (lend to them to get interest)?
25 January 2025 | 5 replies
this is the distinct different between being an actual lender like a bank .. and an investor in a fund.. two very separate transactions.. when you lend and receive collateral on the asset you get paid when it pays off or the borrower refinances etc.
Hunter Goorsky
NEW Investor in the Joliet area 🏠
22 January 2025 | 9 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
Over time, I’ve accumulated more cash reserves and don’t need as much flexibility, but I’m actually in the middle of a refinance right now using an interest-only mortgage—because the pricing with the lender and the corresponding ARM is more favorable than a comparable principal-and-interest loan.The key with these alternative or "exotic" mortgage types is that you need to be financially savvy and have a solid plan.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase.
John Lasher
Coaching for multifamily?
31 January 2025 | 24 replies
@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure, I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.