Matt Wan
Buying an investment property in the winter
24 December 2024 | 17 replies
@Matt Wan In the Boston area the inventory is so tight I'm not even sure there's "deals" in the off season.
Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?
Eric Fernwood
December Las Vegas Rental Market Update
23 December 2024 | 0 replies
The overall inventory is higher due to the season.
Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
Nov / Dec are the dead season.
Jonathan Sanchez
Pricing Strategy - What is your approach?
14 January 2025 | 9 replies
How do you go about seasonality and what benchmarks do you use to guide your pricing?
Adam DeShone
Northern Indiana Investor/Property Manager
3 January 2025 | 3 replies
Considering traveling nurses/workers, as well as seasonal rental for ND home games (also a huge Fighting Irish family).
Desmond Kerr
Newbie to fix and hold but not rentals
1 January 2025 | 1 reply
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
Yun Han
Navigating Job Loss, Rental Property Challenges, and Growing Family
27 December 2024 | 4 replies
Hope everyone is having a wonderful holiday season!
Katherine Lewis
Success w/Marketing to Special Occasion Groups?
13 January 2025 | 5 replies
Currently it’s slow season and it’s even slower than usual from what I understand.We are thinking about how to build demand through targeted marketing strategies.
Mel Kirchhoff
STR transitioning into furnished LTR options - Advice needed!
6 January 2025 | 9 replies
Or STR the highest season for the most income and then MTR the slow months. 2.