Gabriel Santin
Proof of funds with business partner
23 November 2024 | 6 replies
You can combine both sources in one document to strengthen your proof.
Tim W.
Help with Mortgage Financing on Small Multi-Family outside Pittsburgh
28 November 2024 | 5 replies
You can also go straight to the source - Direct DSCR Lenders - don't necessarily need a mortgage broker to shop for you (especially if you are here and asking the right questions and clearly are sophisticated - unless you are SUper-strapped for time, you don't seem like an investor that needs to pay a broker for help - go straight to the lender)3) Last question- i'm seeing rates on DSCR loans in the 7.2% to 7.5% range, in addition to 1 to 2 points and they likely track 10 yr treasuries (4.26% as of today).
Thomas Sloan
How do you get buyer leads?!
20 November 2024 | 1 reply
Every lead source that sends you leads without vetting them is warm garbage now.
Sri Voodi
Investing in Single Family homes in Akron/OH
26 November 2024 | 16 replies
Akron is not LL friendly, they were the first in NE Ohio to pass a rental registration ordinance (in the 90s), in 2021 added source of income as a protected class - so you can no longer rule out S8 applicants, and passed STR registration last October (and nearly a year later still haven't been able to enact anything).
Robert Quiroz
Buying with cash vs financing
2 December 2024 | 33 replies
His teachings suggest a paid off home, $500k in assets, and more than 1 source of income (SS if of that age, real estate, part time job, retirement/pension, etc.).
Steve K.
Property Management recommendations for Palm Coast, FL
22 November 2024 | 5 replies
Quote from @Michael Smythe: @Steve K.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Carlos Ptriawan
Don't become passive investors
1 December 2024 | 91 replies
Or maybe they’re actually not doing as great and they need these mentorships/boot camps as their source of income.
Erich Hatch
Estimating Rehab costs
26 November 2024 | 9 replies
Once you're able to analyze the existing condition of these 6 systems, you can then source piece rate pricing from sub contractors or a GC -- this may be done by quantity, day rate, etc.
Sandhya Gorman
National Association of Residential Property Managers (NARPM)
23 November 2024 | 8 replies
Great source for learning the do's and don'ts of PM as well as national conventions to help grow your business.