Mike Travis
New Member Introduction
21 October 2024 | 13 replies
I am new to BiggerPockets and real estate investing and I am looking to invest with the BRRRR method as I'm currently learning as much as possible before I put this method to practice.
Cherilyn Williams
Late Rent Payments Keep Happening: How to handle this situation?
22 October 2024 | 14 replies
She can't afford rent, so you get her moved out by the end of the month, then apply her deposit to the unpaid rent, cleaning, and repairs.I may even incentivize her to leave quickly by offering to forgive the unpaid portion of rent if she gets out by the end of the month, but it really depends on a number of factors and I'm not going to ask for details.For future reference, best practice is to have set standards and adhere to them every time.
Robert Burns
Fix and Flip REO Properties
18 October 2024 | 6 replies
I would appreciate some practical feedback on fixing and flipping REO properties.
Lia Veit
New investor looking for advice
23 October 2024 | 22 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
Isua Mbang
Has anyone used the “All in one loan” with CMG Financial?
21 October 2024 | 59 replies
But if it doesn’t work well as a regular bank account (bill pay / same day wires etc) or is difficult to use might not be the right fit for using it as your primary everyday operating account.It comes with a checking account that is simultaneously linked to the line of credit so through the checking account you can use it for every day payments and receipt of funds/deposits.The daily sweep is an autonomous feature that takes any available balance in checking and applies that to reduce your line balance each night at 12am.
Tim Porsche
When and How Much to Lower Price on Flip
20 October 2024 | 8 replies
.### Final Thoughts:- Consider a modest but impactful price drop to $235,000, which is closer to your minimum acceptable price, and simultaneously address any concerns buyers might have by being proactive with inspections and disclosures (mold, cesspool). - Don’t hesitate to tweak your marketing strategy or even target alternative buyer groups like cash buyers or investors looking for vacation rentals. - If you don’t get significant movement within the next few weeks, preparing for a rental strategy might be the safest way to avoid holding onto the property through winter at a loss.
Sammy Lyon
New Laws for Flippers in California
17 October 2024 | 6 replies
It hasn't come up for me on a transaction yet and I'm curious how it's playing out in practice!
Michael Dallas
Looking to Become an Agent After College
18 October 2024 | 7 replies
Most of the leads you generate via cold calls, social media, and other marketing efforts won't transact or even meet with you for some time.Baseball players take dozens of swings in batting practice to prep for just 2-3 good pitches they'll see come gametime.
Andrew Rivera
General questions regarding regarding LTR using DSCR for section 8 tenants:
17 October 2024 | 0 replies
I'm looking to dive in and learn so I've been just trying to practice underwriting lots of deal as best as I can to calculate the cash on cash returns and DSCR ratios.
Sanjida Rabbani
New in RE investment
18 October 2024 | 6 replies
Hone your Excel skills by creating pro-formas to practice your 1% rule underwriting while never touring a single property 4.