Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
You snowball plan has a very high success rate.
David R Pustelnik
Looking to maximize my potential with rental properties
16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
If you set it up well, don't worry, you'll get guests when you repost.If you really want to capture the existing bookings, then go for it and plan to re-furnish it at the start of slow season.
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 replies
Take a look at what markets you are planning on starting in and make sure it is a growing market where the appreciation is obvious.
Adam Luepke
1st home is an up/down duplex
22 January 2025 | 4 replies
I really wanted to try finding a duplex that i could immediately rent out the lower half rather then buy a SFH and have a higher mortgage overallHow did you find this deal and how did you negotiate it?
Kyle Carter
Apartmetnts with all section 8 tenants
5 January 2025 | 7 replies
I would count on having at least half market rate tenants, in the event Section 8 rents are higher than market, which they are in our market (granted you will need to subtract the utilities from the rent).
Adam Newman
10% down or 20% down???
23 January 2025 | 10 replies
I think I may have just answered my own question, but is it worth it to put only 10% down, and waiting for the equity to build to 20% in like a year and a half, or to bend over backwards, take out a loan and go in with 20% from the start?
Charlie Green
Foreclosure Deal in Cleveland OH
16 January 2025 | 5 replies
did half the flip work, sold with new walls and new electric/plumbing.
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
I typically plan for 5% of my rents to be saved for vacancy.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
21 January 2025 | 101 replies
Yeah that sounds like a good plan!