Jacob Stevenson
HOA work around
28 May 2024 | 26 replies
You might be able to sell off fractional interests in the property but that is typically done with luxury properties to allow the owners to participate in price appreciation while the asset is held.
Gary Freidman
Smartland in Ohio
29 May 2024 | 22 replies
They argue that their renovation is top notch, so the price is justified, which may or may not be true, but but generally the high quality of the renovation does not pay sufficient dividends in the form of increased rent, so the price to rent ratio just isn't there.They typically advertise a 9% to 13% cash on cash return, but be careful, this is their "first year projection" and in their first year they do some things that I find a it deceptive, such as not accounting for vacancy because they place a tenant prior to closing, and they budget essentially nothing for repairs or cap ex since it is renovated and they offer a warranty.
Kalani Hart
Is there a better alternative to whitepages?
29 May 2024 | 3 replies
I am aware that there is an option for 1000 contact info per month but it is out of my budget.
Josh Silvester
30 year fix vs 7/1 ARM
27 May 2024 | 9 replies
I am under contract with a duplex and I’m currently shopping my mortgage options.
Christopher Bierman-Gwinn
Help me decide please
30 May 2024 | 27 replies
The drivable option will be less expensive and make your life better.
Mikhail Ege
Best Real Estate Investment Strategies for a Busy Software Engineer
29 May 2024 | 4 replies
Out of state investing can also be an option because it takes less capital to get started than CA.
Nick Shri
Is there a PM finder on BP
29 May 2024 | 7 replies
BiggerPockets just went live with the property manager referal program last week.Click on the Build Your Team option at the top of your page.
Alecia Loveless
Unhappy tenant What to do
29 May 2024 | 16 replies
Typically, in this situation, I advise my property management clients (in Florida) to terminate the month-to-month tenancy of a tenant who is causing problems like this and to place a better tenant in the unit.As for the tenant who is requesting to get out of their lease, of course, you do not have to release them from a lease term on that basis, but look to your lease and state laws regarding their ability to terminate the lease (whether a lease term or month-to-month).
Max Smetiouk
HELOC from Primary residence to buy land and tax implications?
29 May 2024 | 6 replies
Thank you Korey,it does leave some options.
Mark C.
Forming an llc in Maryland for first rental property
29 May 2024 | 5 replies
Owning in an LLC will also limit your financing/refinancing options.