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23 February 2025 | 9 replies
@Cameron Goedde Let's definitely see if there is a good fit based on your needs.
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18 January 2025 | 17 replies
https://www.biggerpockets.com/agent/match Check it out.
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30 January 2025 | 8 replies
I am a CT based investor, flipper and property management company owner.
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21 February 2025 | 7 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
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18 February 2025 | 11 replies
W-2 status isn’t a choice—the IRS determines it based on work conditions.
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5 February 2025 | 2 replies
It has been best to anticipate wildly different ARVs based on not only the property details, but also the quality of the finishes that are used.
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8 February 2025 | 12 replies
Loan seasoning requirements are usually based on the note date and the loan purpose, like cashout refi.
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10 February 2025 | 7 replies
Since the rent roll was too low, she had to secure financing through a private lender that based the loan on market rent rather than the current rent.
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4 February 2025 | 0 replies
Platforms like Procore, JobTread, Buildertrend, and FlipperForce have caught my eye, but I want to make sure I’m considering the best fit for my needs.Here’s what I’m looking for in a solution:Cost Estimation: A tool that accurately calculates material and labor costs.Project Oversight: Features to manage tasks, schedules, and budgets efficiently from start to finish.Vendor Integration: Real-time updates on pricing and inventory from suppliers like Home Depot or other suppliers.Material Suggestions: Automation or recommendations based on the rehab’s scope and specifications.Labor Planning: Tools to predict labor hours and staffing requirements for each phase of the project.For those of you who’ve used any of these platforms (or others), I’d love to hear your thoughts:Which software have you found most effective and why?
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3 February 2025 | 2 replies
He was a realtor based in the Midwest (I think the greater Chicago area) and was talking about off vs. on market deals and the importance of choosing equity over cash flow.