
21 May 2024 | 41 replies
Maybe install one of those RFID readers at the door along with the automatic closer, and give each tenant a key fob that opens it so there's no searching for keys.

21 May 2024 | 4 replies
I've been searching for a while here on BP but have not found a thread related to my situation:I've been renovating and renting a property for just over 2 years and may be in a position to sell/close in the next 30-60 days.I am trying to cut-off major projects at this time to make a clean break, however we have committed to replacing windows in one of the units (windows are already ordered), with total project lead-time of 45-60 days (windows have been hard to get for the past year).In the event we have a closing date PRIOR to window installation, how should we handle paying the contractor?

20 May 2024 | 6 replies
You can see BP members that are in your area: https://www.biggerpockets.com/search/usersGood luck !

21 May 2024 | 4 replies
It's important to weigh the pros and cons of each approach based on your risk tolerance, comfort level, and long-term goals.Good luck!

20 May 2024 | 11 replies
Took me a minute but while we may disagree with some of this I guess your basic premise from your last sentence that foreclosures are based on fraud is one I can't argue.

21 May 2024 | 4 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

21 May 2024 | 8 replies
@Braden Heard start farming & growing your personal network to find deals that you can start out wholesaling, then flipping, then buy & hold as rentals to build wealth.Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

22 May 2024 | 13 replies
(The question I am asking is in the 2nd paragraph by the way, if you missed it) I will not even look at a property unless I am getting 15- 25% NET per year, based on cash purchase.

20 May 2024 | 3 replies
Treasuries are down close to 30 bps in the last 8 business days.The reasonable bet based on tracking the last year is that they’ll swing back up 20-30 bps in the next couple weeks….What’s the over, under here?

21 May 2024 | 4 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.