Jorge Caceres
Utilities included worth the risk?
7 January 2025 | 28 replies
I added the possibility of fines for this after that incident.
Ankit Lodha
Cash-our Refinance - DSCR
8 January 2025 | 13 replies
Closing in an entity is fine on a DSCR loan.
Jack Larkin
Lee Arnold's Capital Syndicate
21 January 2025 | 74 replies
I could care less if anyone used my services.. we do just fine without one off beginners.
Agatha Oliveira
Philadelphia Tax Foreclosure Auction Time for receiving deed
19 December 2024 | 5 replies
Hello,I was wondering if anyone has participated in the Philadelphia tax foreclosure auction recently and how long it has taken you to receive the deed?
Chloe S.
I don't know where to start or how to put my foot in the door...
13 January 2025 | 31 replies
You've come to the right place - I suspect you'll receive many, similar messages from others in the community and a variety of offers to help.Have you looked into fix & flips or long-term rentals (aka BRRR)?
Jean Romelus Lisma
New member Introduction
7 January 2025 | 7 replies
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!
Frank Garcia
2025 is all about Action
3 January 2025 | 1 reply
I know so many good people in the RE space that I know I should be just fine.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
It was challenging to start.My realtor was not on my side and I trusted her to much, she said the house was fine, her husband did inspections and said it was fine and not to worry, the ARV was double the house value.
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
21 January 2025 | 20 replies
Typically, a buyer going directly to the listing agent just doubles the commission that listing agent receives, will little or no savings to the buyer (or seller).6.