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Results (10,000+)
Scott Trench Left Field Investors Joins BiggerPockets to Launch PassivePockets!
20 August 2024 | 7 replies
With passionate co-founders, a vibrant community, and hands-on experience navigating the highs and lows of investing, they have built an incredible foundation and embody everything we envision for PassivePockets.By combining LFI’s expertise with BiggerPockets’ reach and resources, we’re creating something truly special—a platform that will empower you to make smarter, more informed investment decisions.Here’s what PassivePockets will offer when it launches:Educational Resources: Masterclasses, articles, podcasts, and a weekly newsletter—all designed to help LPs make better decisions.Due Diligence Tools: Rigorous vetting frameworks and community-sourced sponsor ratings and reviews.Investor-Only Spaces: Private forums and weekly Zooms, exclusive to investors—no sponsors or capital raisers allowed.Sponsor Directories: Detailed profiles with track records, investor reviews, strategies, and more.Deal Directories: Comprehensive deal profiles, webinars, and direct sponsor connections in dedicated forums.Ratings & Reviews: Honest feedback from members who have invested with sponsors—the good, the bad, and everything in between.Our mission is clear: Shine a light on the passive investing space and provide you with the tools and knowledge to navigate it more confidently.
Robert Rixer Creative Ways to Boost NOI
23 August 2024 | 4 replies
@Robert Rixer, I don't know how creative these are, as many are common plays:Valet TrashFencing in first floor yardsProviding washer and dryers for added rentReserved, Covered parkingTech PackagesInternet and Cable contracts, with reimbursementsPayment Plan rents, with small service charge (i.e. bill 1/4 rent each week)Reserved Rental cabanas at poolPrivate pool party rental optionGolf Simulator in clubhouse - fee basedOn site, self serve car wash (quarter feeder style)Charged group fitness/personal training servicesGame room in clubhouse with monthly subscription for tenants (Xbox, Playstation, etc)Changing out high maintenance grass for astro turf or lower maintenance/lower water use shrubberyBut ultimately, I think a lot of NOI increases come from deep dive into understanding EVERY expense and finding ways to minimize them, and/or no outsource them.Train maintenance team on basic HVAC and appliance repairs (find way to get them licensed as needed)Buy paint sprayers for faster, easier turns versus having to hire a contract painter, and possibly repaint whole unit each timeStandardize all finishes, so you can buy in bulk, everything from hinges and door knobs to cabinets, paint colors, and light fixtures.Potentially get leasing people onto lower base salary with higher bonus potentialBulk/bundled insurance across portfolio (even better at scale is to self insure)Regularly test sprinkler systems for leaks.Non-NOI, but benefit to you: partner with insurance agency to get referral kickbacks from your tenant base for renter insurance.  
Keith Cuddeback Is it possible to find out a seller's mortgage balance?
23 August 2024 | 22 replies
That is for people trained to buy property the correct way, but most people aren't trained so they resort to the aforementioned options. 
Shannon Reynolds Fraud or no?
25 August 2024 | 57 replies
Hardest thing to train real estate service providers on is when to turn down a client.
Tucker Cummings REI Reply - Too Good To Be True?
23 August 2024 | 181 replies
If you train up reireply has a ton of features.   
Zackarias Aitchison How would you find a syndication mentor
23 August 2024 | 19 replies
If you want formalized training, your best bet is to take a course and then network like crazy to get in the orbit of other successful syndicators so that you can see how they operate.Here are some resources:Value Hound Academy with Craig HaskellSyndication and Crowdfunding WorkshopGene TrowbridgeJillian Sidoti
Dan Sheeks Subject to question
21 August 2024 | 3 replies
If called due (I’ve done several thousand probate deals and it’s happened exactly once because of my early lack of training 40 years ago) you will run the risk of needing to pay of the old loan by refi or selling.
Brandon Brown Replacing boiler and old forced air AC with Heat Pump in Chicago
23 August 2024 | 12 replies
Our sales staff is highly trained in helping customers identify the best HVAC solutions for their needs, and we have technicians with prior installation experience who provide valuable support.Dual fuel systems combine a traditional furnace with a coil designed for use with a heat pump.
Ruben VanDusen What's The Point
21 August 2024 | 73 replies
This forum is full of real estate experts, and the ones who are hard selling courses, trainings, mentorships, masterminds, tribes, or snake oil usually don't last long here. 
Javaughn Harkness $5000 to start with where should I invest
21 August 2024 | 9 replies
Check out Deal Machine.Do not pay for training yet.