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Results (10,000+)
Chris Pew Anyone with experience working with Total Quality Lending
2 January 2025 | 3 replies
Talking with one of their reps today, but wanted to also crowd source some info here : ) Thanks!
Michelle Wang Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
I had an experience with a terrible tenant who reported me for a bogus claim but by making the claim it allowed me to gain access needed to get photos of the condition of the property, and then the tenant refused to allow maintenance people in which really helped prove my side of the situation.If possible, explore alternative dispute resolution options like offering the tenants a cash-for-keys agreement.
John Fleming Property Management Reccomendation
14 January 2025 | 3 replies
Also:_________________________________________________________________________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.
Erika Andersen Advice on working with a home buyer's RE agent using an hourly rate?
2 February 2025 | 13 replies
Finding an RE buyer agent to work at an hourly or fixed rate was hard - although contrary to what a few folks mentioned here, those options are listed on the standardized Colorado contract.
Tara Jenkins The Cycling Mermaid
30 January 2025 | 1 reply
I also worked with a great lender who helped navigate financing options, including my HELOC, to make the deal happen.
Kristi Kandel Resources to Help LA Communities & Families Rebuild After Wildfires
13 January 2025 | 4 replies
Here’s what made a difference for us:🔹 Mortgage Relief – Many lenders offer disaster relief options like payment pauses or loan modifications.
Alan Asriants Why BRRRR is not an effective strategy today...
31 January 2025 | 44 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
Account Closed Will a seller financed deal show up on buyers credit or considered on debt to income?
14 January 2025 | 7 replies
At least you have the option of saying yes or no before it is sold. 
Maranda Tucker Top Neighborhoods in Charlotte, NC : Cashflow vs Appreciation
22 January 2025 | 0 replies
However, be cautious—newer “B” properties are sometimes built in “C” neighborhoods, so careful due diligence is required.Monroe: As mentioned earlier, Monroe strikes a balance, making it a versatile option for investors.Trends to WatchTransit-Oriented Development: Areas near light rail expansions are seeing significant value increases.Suburban Growth: The suburbs around Charlotte, including areas like Concord, Huntersville, and Monroe, are experiencing steady growth as people seek more affordable housing outside the city center.When investing in Charlotte, aligning your neighborhood choice with your goals is essential.
Leslie L Meneus Is Franchising/Business Ownership "Really" Not Considered REI?
30 January 2025 | 4 replies
Unless maybe you have an option on the purchase of the real estate or something.