Patricia Smith
Any Recommendations property management comp. in Cincinnati, OH?
2 January 2025 | 13 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Jamie Parker
Vacant Lot Purchase
8 January 2025 | 7 replies
Used what I know from wholesaling to come up with the estimations The numbers is used are based on a these assumptions:- Cost to build* (2024) = 150/sqft National average, 141/sqft Tennessee Average (Source: Houzeo https://www.houzeo.com/blog/how-much-does-it-cost-to-build-a-house-tennessee/#:~:text=The%20average%20cost%20per%20square,idea%20of%20the%20construction%20costs.)- All in Cost = Cost to build * Square foot - Sales Price = All in Cost + (All in cost * 20%)* Covers contractor and soft cost on either fee based or cost+- Profit = (Sales price - (Sales Price * 7%))* - All in Cost accounts for agent fees and closing cost- Initial List Price = Sales price + 10% A buffer to test market absorption- Break Even being All in cost, point where everyone is paid except me. - List price is to test the market absorption at "x" price. 250k land + build.
Leon George
New to BP Community
12 January 2025 | 11 replies
It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-teamThanks, Sam!
Yianni Hahalis
Open to Advice and Guidance
23 December 2024 | 2 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Venecia Baez
Want to buy first property and I watch a lot of videos, but lack action: How to start
1 January 2025 | 24 replies
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.
Marcus Auerbach
Mortgage rates going up. Is the market expecting inflation?
24 December 2024 | 25 replies
This chart does not include the latest increase in rates, but in a couple weeks we should have an update.I saw several places that showed increased rates:https://www.verticalbuilders.com/blog/what-to-expect-in-q4-2...
Mario Morales
If I have 3 properties (9 doors), How Will Lenders look at my Income
14 December 2024 | 6 replies
https://www.biggerpockets.com/blog/what-documents-do-you-nee...BRRRR Loans: What Are the Options, and How Do DSCR Loans Stack Up?
Jacqueline Henderson
I am new Here
23 December 2024 | 10 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
Eric Fernwood
December Las Vegas Rental Market Update
23 December 2024 | 0 replies
For a more comprehensive look at the Las Vegas investment market, please DM me for a link to our blog.
Sebastien Tinsley
Looking to begin my journey into REI
13 January 2025 | 45 replies
Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.