Cameron Fowler
House Flipping // Rehabbing Challenges
28 August 2024 | 11 replies
Avoid properties on main streets (traffic noise, avoid homes near freeways (smog/traffic noise), avoid homes without garages if most other homes have garages, avoid being in airport flight paths, avoid over building or over rehabbing for the area comps, know how to properly and accurately estimate ARv and rehab costs, and have money lined up in advance.
Adam Guymon
Starting Out, help! Very unique situation.
29 August 2024 | 6 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.
Lisa Fortune
Mitigating Risks in Fix and Flip Loans
29 August 2024 | 5 replies
Of course, there are a lot of things to look out for...setting up an appropriate contingency reserve for unexpecteds, getting an accurate scope of work, properly knowing what your time-value-of-money costs are going to be, making sure you're contractor is not pulling crews for other customers, knowing codes and getting your permitting right, and the list goes on.
Gp G.
good property manager recommendations around Atlanta area
27 August 2024 | 4 replies
@Gp G.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Luke Eastman
Rental properties in LLC
28 August 2024 | 10 replies
If their lease term expired, then they are automatically converted to a month-to-month lease and you can give them 30 days notice.I recommend you study the market to determine an accurate rent rate.
Jay Lindgren
Stuart, Iowa Property Management
27 August 2024 | 2 replies
@Jay LindgrenRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Michael Shea
ADU Friendly Cities in San Diego
26 August 2024 | 13 replies
Lenders are now recognizing ADUs more accurately, especially as national programs like Fannie Mae and Freddie Mac incorporate them into their guidelines.
Alex Silang
How good is AirDNA's ranking of top STR markets?
26 August 2024 | 6 replies
So we can't see the list but I will say that AirDNA can be accurate or not depending on the area.Like any algorithm, the more data points, the more accurate it will be (relatively).I find it to be quite optimistic.
Alex Gordon
Help analyzing a spec home deal
27 August 2024 | 5 replies
Thank you for you time and help I would connect with a few local real estate agents and property managers in Cambridge that can pull accurate comps and tell you can compare your cost to build vs sale price.
Carlo D.
Can't open a bank account for my newly formed LLC
26 August 2024 | 1 reply
Is this accurate?