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23 January 2025 | 52 replies
…When the original poster doesn’t come back to their post and acknowledge the comments that people took the time to write.
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16 January 2025 | 18 replies
Originally posted by @Brett Cox:I filled out the form to inquire about their services and it mentioned a 15-30 minute consultation.
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15 January 2025 | 34 replies
Then mortgages get collateralized and sold to Fannie or Freddie so they can keep lending and make money from the original fees.
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14 January 2025 | 3 replies
Paid 77% of the original list price on this new construction home.
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16 January 2025 | 5 replies
✅ Typical origination fees?
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15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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27 January 2025 | 18 replies
Originally posted by @Joseph Binkowski:Hey BP Community -I was sitting-in on an investor presentation for a syndication of an attractive 320-unit Class B MF development in a fast-growing market, and then I realized... it was a 506c project for accredited investors only [which I am not.. yet:)]So then I began thinking...How can I possibly get involved?
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13 January 2025 | 30 replies
Perform this research by using the rent comp tool on BiggerPockets as well as FB marketplace, Zillow, Craigslist, etc Also for those 15% of units that are “at market”.
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27 January 2025 | 33 replies
I am originally from PA and still have family there.
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14 January 2025 | 27 replies
I posted a bit about my experience here: https://www.biggerpockets.com/forums/88/topics/406311-jacksonville-fl---sfh-new-constructionhttps://www.biggerpockets.com/forums/92/topics/501414-data-points-multi-year-turnkey-performance-your-experienceMy property is cash flowing well.