Thomas McPherson
Feds Cut Rates Again - Predictions for New Office
21 November 2024 | 7 replies
It will certainly be an interesting year though.
Michael Calvey
Automate Your Short-Term Rental and Get Your Life Back: A Step-by-Step Guide
19 November 2024 | 5 replies
They must be an official partner of BP.
Moises Salazar
Seller financing approach
18 November 2024 | 5 replies
The best opportunities to get seller financing is those properties that require repairs and traditional financing may not be an option.
Paul Novak
Property Management Software
18 November 2024 | 4 replies
Currently, INNAGO has proven to be an excellent platform for my needs.
Carl Trube
Assuming the mortgage of my parents house?
19 November 2024 | 7 replies
Speak to an advisor as I am not one but I believe Your cost basis is going to be an issue when you sellLet’s say you assume the loan today for $120k and in ten years you sell it for $500k.
Scott Trench
Purchasing a small Office Building
22 November 2024 | 13 replies
You could lease part for food service or coffee shop and some retail space, a small health club, massage.
Jonathan Greene
How To Know Who To Take Advice From When You Are Just Starting Out
14 November 2024 | 40 replies
A free coffee - to a successful person?
Meghan Begue
Helloooo Bigger Pockets!!
14 November 2024 | 12 replies
We meet every Tuesday morning from 8:30AM - 10AM on Zoom and in person every Thursday from 8:30AM - 10AM at Building Three Coffee!
Christian Gibbs
What is the typical fee charged by property manager while rental is vacant?
25 November 2024 | 19 replies
I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems sincerely empathetic to our situation.
Philip Jones
Refi LENDERS in BRRRR
18 November 2024 | 16 replies
@Philip Jones we've helped our clients do over a hundred.As some of the lenders posting have pointed out, the challenges are:1) Property value and corresponding loan size2) Appraisals have much better comparables than 5 years ago, but may still be an issue.3) Property condition can be an issue via the appraisal4) Ownership seasoning - most lenders looking for 6+ months or incredible documentation for cost of improvements made.5) Most DSR lenders require professional property management.Always try a small local bank or credit union, but most will expect you to transfer your business bank accounts over to them.