Jonathan Greene
Why You Should Never Take a Break as a Real Estate Investor
1 February 2025 | 28 replies
So, even when the market is challenging, you can still see properties and stay current.Don't take a break when the rates are high.
Kevin Moise
Please critique my gameplan when it comes to wanting to flip my first property.
2 February 2025 | 5 replies
Also make them sign a lien waiver so they can not say I did not pay them.Set up an account with wherever materials are bought so I am charged directly and contractors dont stiff me like how they would if I gave them money directly to buy materials.Looking for a contractor who will not need a deposit to start as I am planning to pay in phases for labor but I have been thinking about just paying for everything once their all done (I am kind of paranoid about contractors lol)Hire two different inspectors to see if the house is actually good when done.Currently want to work on 2/3 br houses so I am trying to get flips done in 3 months.Prepare for unexpected costs.Selling the houseMaximum market exposure - MLS, zillow, etc.Get good realtor recommened by lawyer.Make sure the price makes sense and have a lot of high quality pics of the house around 50-75 pics.Make pontential buyer sign nonrefunable earnest money contract.Examine all offersWhat else am I missing or should I change?
Chris Lin
5 Years with REI Nation: Convenience Over Cash Flow
2 February 2025 | 8 replies
That part is as advertised.The Not-So-GoodIt’s Expensive—Like, Really Expensive.First-month rent is entirely theirs whenever a new lease is signed.15% repair management fee on top of already high maintenance and repair costs.No late fee benefit for owners—any late fees go to REI Nation employees as an “incentive” for chasing payments.
Calvin Kwan
Convert Duplex to Triplex in Oakland, CA
28 January 2025 | 8 replies
UPDATE: Just chatted with the city and learned that variances have a high threshold for approval.
Jacob Sallblad
Inherited 28 unit portfolio
21 January 2025 | 6 replies
Cost of capital is high right now.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
David Robertson
Hello BiggerPockets Community!
16 January 2025 | 3 replies
We specialize in helping investors access opportunities in both residential and commercial markets, leveraging our network and industry knowledge to identify high-potential deals.
Timothy Hilario
Real Estate Advice
28 January 2025 | 2 replies
And I will stay in my condo until I can afford to buy a bigger place.However, with high interest rates, I’m reconsidering.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
Some high-end STR's (like in Joshua Tree) do use professional models, but for your market and property type, I’d suggest removing personal photos and focusing on the space itself, so guests can imagine themselves there, which is really what you want.You also have 81 photos, that’s too many.
Dan Ross
Is the Pace Morby Subto program worth 10,000 dollars?
28 January 2025 | 48 replies
But on this specific guy, I jumped on a call to explore the program and it was a high pressure sales call, it did not feel organic, not trustworthy and certainly did not feel the right fit.Why would someone spend 10k on a so niched-down space of real estate when they can get someone for the same amount to teach him/her everything?