Christopher Teague
Property Management for Long Term Rentals
30 June 2024 | 2 replies
@Christopher TeagueRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Alf Holst
would you consider giving rental discounts?
1 July 2024 | 29 replies
The discount is there to encourage certain people to apply, therefore discourage other people.
Marc Shin
possible to manage out-of-state short term rental without a property manager?
1 July 2024 | 28 replies
I had the same question a year ago because it seemed daunting, but the Bigger Pockets Podcasts and books (such as Short Term Rental Long Term Wealth) encouraged me that I could do it.
Patrick Braswell
Seeking a confidence boost
29 June 2024 | 11 replies
I’m having a difficult day (few days) and am hoping to hear some words of encouragement from the community that will help convince me that real estate investing is a good idea.
Reina Phee
Cold Calling Preforeclosures
30 June 2024 | 9 replies
I'd encourage you to keep metrics on everything so that you can see your KPI's evolve over time.
Account Closed
Who here invests as an LP in ground up multifamily construction deals?
30 June 2024 | 18 replies
Would like the subsequent to be 20 some units. way to step it up great work, I'd encourage you to look at single plots of land and one large tract of land and one multifamily or mixed use that has 20 housing units. without plats and engineering if you are really feeling it go for midrise over 5 stories wait till you see how much you can make!
Ethan McManigle
I need some advice
1 July 2024 | 23 replies
If you are planning on living in the house, 5% down is the lowest you can go.I would also encourage you to start tracking how you spend your money and see if you can cut spending to save more money or find ways to increase your income.
Esther Concepcion
Getting a DSCR loan while married
28 June 2024 | 7 replies
We had discussed this before marriage and at some point we will also need a post nuptial agreement when she begins acquiring assets that will go to her sons (and I am totally encouraging about it!)
Eric Justice
All CASH-Buying property
28 June 2024 | 13 replies
I would personally encourage you to use debt if you are looking to wait 3 years to get started though.
Brenda Garcia
Nuisance Tenant in Duplex
27 June 2024 | 9 replies
There's a real good chance that the lease requires them to do several things: upkeep on the unit is a big one (damage to property), weeds outside and landscaping (which encourage pests and insects to inhabit the property), pets authorized or not, additional tenants on the property that are not on the lease.