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21 February 2024 | 2 replies
It is usually simpler to hire someone to maintain the property and include the cost in the rent.
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21 February 2024 | 9 replies
@German Tapia here's some advice:1) Anyone that has to call themselves an expert - isn't.2) Many looking to help - are actually trying to sell you something (us included)3) Big difference between City of Detroit and Suburban Detroit area.
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22 February 2024 | 1 reply
Hello BP,I'm looking into purchasing a property in Sarasota, FL that is built on a large parcel and includes some vacant land.
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21 February 2024 | 7 replies
To make connections with other investors, real estate experts, and possible partners, go to local real estate investing clubs, meetings, and networking events.Leads/Properties: Explore via a variety of channels, including direct mail marketing, networking events, and internet platforms like Realtor.com, Zillow, and MLS, to locate leads and properties.
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22 February 2024 | 5 replies
Rural areas are typically defined as areas with populations of fewer than 35,000 people.Use: The property must be used primarily for rental purposes and provide affordable housing options for low- to moderate-income tenants.Developer/Owner Eligibility: The developer or owner must meet specific eligibility requirements set by the USDA, including financial stability and experience in property management.Income Limits: The tenants who will be residing in the multifamily property must meet income eligibility limits set by the USDA.
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22 February 2024 | 4 replies
Get to know the area where you want to buy--this can include looking at listings, recently sold homes and simply driving around different neighborhoods. 2.
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22 February 2024 | 3 replies
I'm wondering though, if I market them as lease option/rent to own, will a PM show the property, handle paperwork including the option contract and then manage the property or does that require a real estate agent?
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22 February 2024 | 7 replies
This market seems to have a lot of houses including new construction.
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22 February 2024 | 4 replies
Savvy investors often navigate this by leveraging various assets as reserves, including investments and retirement accounts.
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22 February 2024 | 7 replies
Hi - sharing an article I published last year on BiggerPockets - all the options and pros/cons for financing BRRRR Method strategy include cash-out refinances - hope it helps!