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11 June 2024 | 5 replies
I believe my experience in the market can be valuable for both buyers and sellers, but I'm also eager to learn more about building a strong real estate investment portfolio.I'm particularly interested in BRRRR strategy, short-term rentals, and multifamily investing.While I sleep, eat, and breathe real estate most of the time, I also enjoy sports (go Vols!)
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11 June 2024 | 8 replies
I will say depending on the cabin build depends on the savings (log vs hardieboard).
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8 June 2024 | 1 reply
I would appreciate any advice or tips on forum etiquette when communicating with experienced investors or in general.
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12 June 2024 | 46 replies
Determine what your financial expectations are for an investment property, run your numbers very conservatively (and for gosh sake, include room for unexpected costs, even on a new build) and then see if it makes sense.
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11 June 2024 | 5 replies
BiggerPockets has a section just for this, Under the BUILD YOUR TEAM tab- Meetupshttps://www.biggerpockets.com/...Best of luck to you!
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11 June 2024 | 3 replies
Or can I just start wholesaling until I’ve build enough assets that requires and LLC while developing my business structure as I go along?
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11 June 2024 | 2 replies
The game plan is to acquire the land and build a vacation home to become a vacation rental.
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9 June 2024 | 8 replies
"for $___/year, we provide "x" additional inspections")6) Liability policy that covers tenant intentional damage, criminal acts, and unpaid rent when skipped or evicted (through insurance provider that provides this kind of coverage)7) Financial reports per quarter (as whatever period makes sense to you) (this can allow you to advise the owner on the health of their portfolio)8) End-of-year review of the property to show conditions and suggested needed and preventative maintenance items 9) Preferred vendor discounts (requires a contract with a vendor to give better pricing)10) Eviction protection programs (this is usually done "in house" when you have sufficient number of units under your management to be able to offer this kind of program)11) Legal services (requires agreement with landlord attorney to provide those services at set fees)12) Professional photos option (for enhanced listing)13) Professional, licensed home inspection (this is more relevant for older homes to ensure safety and habitability are addressed) 14) HVAC filter replacement program (this can also be a program offered to tenants)15) Pet and ESA screening through pet screening vendor (helps to streamline and increase quality of screening)16) Client portal account for ease of communication, updates, reports, etc.
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11 June 2024 | 4 replies
I’m considering building a 120 sq ft studio in the back yard to serve as an office.
12 June 2024 | 3 replies
They are typically used for transitional or value-add properties and have higher interest rates and shorter terms compared to traditional mortgages.Construction Loans: Construction loans provide financing for the ground-up construction or substantial renovation of commercial properties, such as office buildings, retail centers, or multifamily developments.