Codey Yingling
Property Management Selection
24 September 2021 | 1 reply
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
Wale Lawal
Going to BPCon 2021 in New Orleans? Let’s Connect
6 October 2021 | 8 replies
I will be attending the BiggerPockets Conference (BPCon) in New Orleans from October 3rd to 5th, 2021.If you are local to Houston, Texas and will also be attending Let's Connect and meet at the event.This is my first BPCon attendance and I am stoked to be able to experience it with likeminded individuals of all ages.I would love to get connected with other attendees before the actual event so if you’re heading down to New Orleans in October, feel free to reach out so we can further connect when we get down there.Looking forward to seeing new faces and learn about some of your experiences.Logistics to KnowWhen: October 4-5, 2021Where: The fun is happening at The Sheraton Hotel New OrleansBuy your tickets today at www.bpcon2021.comI will see you there!!!
Mark Aiken
Indiana Rent Increase Limits?
29 September 2021 | 18 replies
Just because I'm empathetic towards individuals with financial struggles doesn't mean I have a mental disability.
Wesley Thompson
What I learned on my first investment property (so far) Part 1...
15 October 2021 | 4 replies
I met an individual through a military investing network several months ago as I started down this journey, his name is Austin Clark.
Adrienne Binder
Multi family investment structure
27 September 2021 | 4 replies
If it is just you individually or you and your spouse, then it doesn't make much of a difference.
Ramon E Alvarez
IMF: "credit scores could soon be based on web browsing history"
29 September 2021 | 30 replies
The rise of the internet permits the use of new types of nonfinancial customer data, such as browsing histories and online shopping behavior of individuals, or customer ratings for online vendors.”Currently, those hoping to take out a loan can expect to have their repayment and credit history length, as well as total debt checked, but going forward, the IMF study suggests, this will be expanded to include what’s known as people’s digital footprint – either collected from data already publicly available, or that obtained by credit bureaus.The stated goal is to improve “loan default predictions” – and the upcoming trend is sold as a way to give access to money to people who have previously been unable to use loans because their status is “unscorable.”
Ted Holmes
Oklahoma City Portfolio Loan
28 September 2021 | 3 replies
Looking to see if anyone has any recommendations on a local or national originator that does SFR portfolio or individual mortgages.
Kevin Reilly
When and why to put my rental in an LLC
24 September 2021 | 3 replies
Huge gross negligence verdicts against individual landlords are ridiculously rare and punitives are often capped anyway.
David Park
Are ppt managers usually willing to talk to potential investors?
25 September 2021 | 4 replies
Beyond the internet research I perform, I want to begin speaking with local property managers, real estate agents, contractors, etc. to get some expert advice on neighborhoods and market trends.Being the socially awkward individual I am, I am having a hard time imagining why these people would give me the time of day.Has it been everyone's experience that when you call a property manager on top of the google page with a bunch of questions, they spend the time with you to earn your potential business?
Thomas C.
203K vs Home Style vs Home Ready?
25 September 2021 | 1 reply
You can put 20% down and avoid the mortgage insurance premium (mortgage insurance for conventional has MANY choices: lender paid with higher rate/ split/ monthly.... and so forth but it is much cheaper than FHA 1.75)Home Ready may have income limits and county limits FICO 620 minimumDifferences are: cost, can you qualify, how the individual regulates your inspections which is lender specific