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2 December 2024 | 10 replies
And their loan documents will definitely work in their benefit if they foreclose on a property...
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29 November 2024 | 1 reply
But I can't help but think that I could benefit from the occasional discussion about real estate strategies or bounce opportunities off one another.Coach Carson's RPM program details below:Cost: ~$2500/yearBenefits (form Website):Personalized Coaching: Members receive direct support and feedback from Coach Carson and selected coaches, including monthly group coaching sessions, one-on-one "hot seat" calls, and small group coaching within Action Teams.Action Teams: These are accountability groups of 8-10 members that meet weekly over a three-month period to set and achieve goals, fostering perseverance and resilience among participants.Comprehensive Resources: Members have access to a repository of documents, systems, checklists, and more in the community swipe file, including tenant screening criteria, due diligence checklists, and rental analysis spreadsheets.Exclusive Community: RPM offers a private community of like-minded investors who prioritize time and freedom over scaling rapidly, providing a supportive environment for shared learning and growth.The Group Targets:Investors with experience owning 1 to 8+ properties, whether short-term (e.g., Airbnb), mid-term, or long-term rentals.Individuals who are coachable, hardworking, and value time and freedom over aggressive scaling.
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4 December 2024 | 30 replies
Specifically for taxes, its pretty straight forward with Baselane because you can tag all of your transactions with the pre defined categories for a Schedule E (the tax form you submit for rental property).
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1 December 2024 | 91 replies
It's ok for their NAV/price to go up or down because all risks and future implication has been documented properly.
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30 November 2024 | 4 replies
Is there a document that says they owe me extra if the utility bills get too high?
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26 November 2024 | 2 replies
I submitted a low-ball offer and it got rejected.
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6 December 2024 | 51 replies
Whether you sign a legal "prenup" document or not, when you get married you agree to either the prenup or the laws in the state where you get divorced...
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22 November 2024 | 12 replies
It’s a good idea to have a set timeframe for reporting issues—many landlords give tenants 48-72 hours after move-in to submit any concerns.
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29 November 2024 | 6 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
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25 November 2024 | 19 replies
Hopefully, you've approved a bid they submitted, so the cost is fixed - unless they can document the need for acceptable change orders.If they are charging hourly, then, yes, they may be able to charge you more the longer it takes.Keep in mind, your PMC is unlikely to have an exterminator and other licensed contractors on staff.