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Results (10,000+)
Troy Sheets 9 unit new construction in Philadelphia
18 July 2024 | 17 replies
Thanks for the insight!
Mike H. Do any agents or builders selling new construction STRs include proformas?
21 July 2024 | 9 replies
We offer rental projections on STR revenue for some realtors, but nothing as detailed as you outlined.
Brad Eckhardt Norada vs. Roofstock
18 July 2024 | 9 replies
Happy to send an intro.Roofstock offers a lease up guarantee and a 30 day money back guarantee on all properties. 
Piyush Josh Does anyone have feedback on Phoenix American Hospitality and their fourth fund?
18 July 2024 | 6 replies
I was curious if anyone has experience of having invested in this fund or their previous fund offerings?
Randy Duncan Who pays for damages on Section 8?
17 July 2024 | 19 replies
Thanks for any insight
Sumedha Shukla Hello BiggerPockets! New PRO here
16 July 2024 | 2 replies
Your insights and recommendations would be invaluable as I explore these avenues.When I'm not immersed in real estate, I enjoy traveling, listening to music, and cooking.
Zhihan Wan Rent Deduction From House Maintenance
19 July 2024 | 5 replies
You can also offer to be there on site while they are out to make them feel more comfortable.
Grant Stepanic 10 Steps To Take For Out Of State Investing
18 July 2024 | 2 replies
Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 
David Switzer Making an offer for a commercial retail unit contingent upon finding a tenant
14 July 2024 | 4 replies
"Can I make an offer contingent upon finding a tenant to lease the space within X amount of time?
Anwer Shaikh 1031 Commercial Deal - Price Reduction or Escrow
17 July 2024 | 4 replies
Any insights would be appreciated or any other ways to utilize the 300k in credits.