Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
Tiamo Wright
Why is Zillow so bad?
21 January 2025 | 5 replies
The data they pull from the tax records on how much a home last sold for, often not updated, or completely wrong.
Isaiah Cortez
Exploring the Ft. Lauderdale STR Market
21 January 2025 | 4 replies
In '23 the state set records for tourism revenues and visitors to the state, a hat tip to your point about year-round demand.
Victor Adekunle
3 Proven Strategies to Help Real Estate Investors Generate More Deals & Maximize ROI
14 January 2025 | 0 replies
Here’s how to build trust with private lenders:Share success stories or past deals to demonstrate your track record.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
Nick M.
Michigan Sales/lodging tax collection and payment
16 January 2025 | 7 replies
For larger accounts with PMS integrations VRBO is a passthrough and we are the merchant of record.
Joseph S.
Current PPR Reviews
23 January 2025 | 30 replies
Yes, @Dave Van Horn is a great guy with an excellent track record and a stellar reputation.
Sanjay Bhagat
Track record of Syndicate
12 December 2024 | 18 replies
But it's a start.While track record is very important, learning how to interpret a track record is just as important.
Jack Townsend
One Brokerage BRRRR Loans
6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
21 January 2025 | 32 replies
Dominic, I've found that participating on BiggerPockets forums, appearing on podcasts, and speaking at conferences have built trust with first-time passive investors when those forum posts, podcast discussions, and conference presentations show my experience, track record, and market knowledge to those reading, listening, or attending.This doesn't mean "selling from the stage", but instead, sharing actionable, useful information that I've gleaned from my many years of experience and from my own research.