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19 January 2025 | 1 reply
However, I am unsure on how to go about finding the proper handyman/maintenance guy/management team to help run any out-of-state investments I make.
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14 February 2025 | 5 replies
I'm a lending manager with 120 loan officers under me and 2 of my great friends and colleagues specialize in manufactured lending The reason most lenders don't do them is because:1.
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9 February 2025 | 33 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
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6 February 2025 | 5 replies
Building a portfolio allows you to gain experience, develop systems, develop your own approach to managing properties etc.
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19 February 2025 | 2 replies
I have used TurboTax and Taxcut, so I am looking for an accounting/property management software for Mac.Thanks in advance.
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24 February 2025 | 2 replies
It got me thinking: maybe we’re solving this puzzle in the wrong places.I’m the CFO of a company that develops, builds, and manages multifamily projects, and we’ve been digging into rural markets in the southeast US—think rural Georgia, Alabama, places like that.
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24 February 2025 | 1 reply
Market rents in this area for those size units are closer to $1,100 (a little more, actually).Previous owners owned these spaces for a very long time, so their taxes were low and those rents were manageable for them.
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6 February 2025 | 9 replies
I want to know more about the area and build a team that can help me purchase and manage properties.
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23 February 2025 | 10 replies
Right now, I’m focused on finding my first multifamily property to house hack in the New London, CT or Greater Boston area.Goals with BiggerPocketsI joined to connect with experienced investors, learn more about financing and property management, and take action on my first deal this year.
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16 February 2025 | 1 reply
However, I’m actively managing my investment, taking on risk, and improving the property, which has significantly increased its value.