Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Kevin Collins REI Nation Experience
31 December 2024 | 32 replies
When it comes to turnkey investments you are paying for convenience essentially you are approaching it like a stock or paper asset when it is very much not... meaning that at some point it needs to be actively managed and evaluated and etc., etc., etc. for example finding cash flowing investment properties which meet your ROI goal of 9% is NOT HARD heck almost every state (and likely every state) has a market which will achieve that but what does 9% mean without a dollar value if 9% is = to $200 or more okay that’s okay but if 9% means $25/mo. or alternatively if 50% ROI means $25/mo. doesn’t really matter much since although labor differs from area to area it doesn’t differ that much and also doesn’t really leave much room for error — so your minimum accepted ROI should also be couple within a minimum accepted $$ value (cash flow) and other minimums as well (i.e. min. equity, property types, property classes, etc.)Lastly as I mentioned achieving a 9% ROI is not hard and is achievable in every state; the HARDER part is to 1) achieve that AND 2) achieve 10-20% min.equity on the buy in or ARV AND 3) meeting your min. $ value AND 4) buying in a good/stable neighborhood/market AND 5) buying with some type of upside AND 6) etc. etc. etc. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.
Shuvrajit Mukherjee Anyone here played with NAR APIs?
11 December 2024 | 6 replies
.- Get a list of active properties in a zipcode with filters (number of bedrooms, bathrooms, price etc)
Sonia Vanegas advice on landlord threating to void clause in lease and raising rent
16 December 2024 | 21 replies
This is such a small issue that if it's causing this much agony and stress to the landlord, they clearly don't got better things to deal with which tells you more of what's happening will come.If I was the landlord, I wouldn't have originally agreed to this cause I always re-paint neutral on the turn at previous tenant's expense or if I'm just purchasing then with my underwriting.
Henry Clark Land Investing Checklist Free
1 December 2024 | 0 replies
Financing- build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.
Jason Mills Broker/Agent not passing on rents received
5 December 2024 | 7 replies
Our agent seems incredibly stressed by it all, she's spent decades building her reputation which is now being dragged down by this guy but I don't know what she can do.  
Frank Harris Does anybody have a New Build with Blacktip Construction Group in Cape Coral Florida?
27 December 2024 | 93 replies
ask them for recent permit pulls in the county and go look them up to verify activity. you can also call the local building department to verify their license and recent activity. if you don't see any run for the hills. 
Devin James What’s one habit that’s changed your life?
6 December 2024 | 5 replies
I'm not talking about saving for savings sake, but actively considering how a dollar can reproduce itself so that you can not only have whatever it is you want to buy, but also put more of the reproductions to work making more dollars and still have the original dollar.
Mort McGuire Mortgage Note Investing
24 December 2024 | 13 replies
@Mort McGuire Yes (JKP) we are also active.
Jackson Harris Starting Out In Phoenix At 24!
17 December 2024 | 12 replies
It's clear that is something you're actively doing as well! 
Charlie Cameron Assisted Living Investing Q&A!
7 December 2024 | 11 replies
I wanted to briefly re-introduce myself (I’m committing to get more active in BP again!)