Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
The best way to get this done is via a DSCR Cashout Refinance, it is going to offer you the best pricing on the loan amount.
Steven Radolinski
Insights into the Albuquerque Real Estate Market: Opportunities and Considerations
12 January 2025 | 8 replies
OpportunitiesAffordability: Compared to many West Coast markets, Albuquerque properties often come at a more affordable price point, making it possible for investors to get started without a massive initial capital.Rental Demand: Due to the presence of UNM and other educational institutions, there's a consistent demand for rental properties, especially those close to campuses.Cultural Appeal: With its rich Native American and Hispanic heritage, Albuquerque offers cultural festivals, markets, and historical sites.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
I would recommend matching old reservation rates and offering free gifts to secure good reviews and booking momentum.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
I am out of state and the only way that I feel that I can get people to walk through the properties are if I find them on market and have Shawna write up the offers.
Rebecca Cho
Excited (and Nervous!) to Start Our Real Estate Investment Journey
13 January 2025 | 25 replies
It’s been pretty competitive here (partly bc we’ve gotten some BP nods over the last year) but I’ve definitely noticed a drop in offers and competition.
Jason B.
Suburban Chicago: One of the Hottest Rental Markets in the U.S.!
15 January 2025 | 10 replies
I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.
Aubrey Brendle
Looking for International Lenders/Rental Income Analysts
11 January 2025 | 5 replies
They are a new international lender in Costa Rica offering 30 year, fixed rate mortgage loans specifically for American investors.
Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 replies
The only real advantage to using an FHA loan is to offer only 3.5% down payment, which in my opinion is barely justified as an advantage.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
I wanted to jump on and share the awesome perks that BP and Invelo are offering for BP Pro Members and answer your skip tracing questions.
Allison Park
Expectations of Investor Buyer's Agent
6 January 2025 | 15 replies
Many agents offer a temporary agreement (Zillow uses 7 days) for a few showings or a single property, so you can test the relationship without a long-term commitment.