Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.If you would like a referral code or more information please let me know :)
Franklin Perez
Beginner REAL STATE enthusiastic
31 January 2025 | 8 replies
@Franklin PerezGetting your real estate license can be a smart move if you want MLS access, networking opportunities, and savings on commissions, but it comes with costs and disclosure requirements.
Sebastian Nadal
Greetings from Chicago
2 January 2025 | 13 replies
You should connect with @Fed Finjap; I just saw on another post that he is also buying in the Chicago neighborhood ofLakeview and he recently went through some lessons learned on a 3 flat in Chicago.Check out his post: https://www.biggerpockets.com/forums/922/topics/1223655-refl...
Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
Travel costs to look at other properties.If you travel but have not identified the property that you want to buy yet, the cost is considered an investigating cost.
Noyessie Hubert
Tenant not paid rent, step for eviction
31 January 2025 | 5 replies
Give your state's 'cure' term ("In New Jersey, a tenant has three business days to pay rent and court costs after a judgment of possession is issued to avoid eviction.
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
You need to know what things cost.
Jerry Nogueras
NYC Residents- Which areas outside NYC have you seen the most success for rentals?
27 January 2025 | 6 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Adonis Williams
Inquiry: Mortgage Interest Rate with Point Buy Down
14 January 2025 | 6 replies
If I can make a suggestion...Yes with 3 points you might be able to get into the 6's - but let me give a quick example:Let's say loan amount is $250k and making some other assumptions, paying 3 points down would cost $7,500 however that might only save $195/mo.
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Yes it does, needing to keep the books and properties seperate for proper Tax Reporting and any 1099s you may need to file can be costly.
Brenden Stadelman
Is The Investers edge legit?
27 January 2025 | 17 replies
I have the ability to find properties that all in costs including rehab and purchase would only be 70 to 80% or ARV on properties. due to this I have been trying to find lenders that allow for less down and rehab coverage since the properties are so discounted.