Ethan O.
Orlando Short Term Rental
30 November 2024 | 12 replies
Labor shortages have hit that industry just like everything else, so finding reliable, trustworthy, quality cleaners is a challenge everyone is facing.
Jerell Edmonds
MF Investing 2nd property
27 November 2024 | 9 replies
FHA is only really the better option for poor credit - otherwise a 5% down conventional loan is cheaper and less stringent.
Jonathan Chan
Things to look for when vetting your potential borrower
26 November 2024 | 2 replies
.🔴 Overly optimistic projections: Unrealistic ARV (after-repair value) or underestimated rehab costs can signal poor planning—or worse, a lack of transparency.🔴 Incomplete or disorganized documentation: Missing detailed plans, financial statements, or timelines could mean the borrower isn’t ready to execute the project successfully.🔴 Over-leveraged finances: Borrowers with excessive debt or insufficient personal capital invested in the deal could pose a greater risk of default.🔴 Questionable property comps: Overstated market values or inappropriate comparables may mean they’re inflating expectations.As always, thorough due diligence is your best protection.
Dominique Rhodes
Hello, Looking forward to connecting and learning
28 November 2024 | 10 replies
If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Ximei Yue
Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
You'll have quality tenants, minimal hands-on management, and lower potential maintenance issues.
Kareem Daniels
New Member Introduction Pt.2
27 November 2024 | 2 replies
We value quality time with our family, are eager to explore the world through travel, and aspire to build a successful life and business together.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
My greatest pain point is not that the deals failed, although that certainly adds salt to the wounds, it's the poor communication, false narratives, chasing (almost begging) for updates, lack of full disclosure, the smoke and mirrors, etc.
Matt Wan
How important is it for a first property to be easy for me to get to?
1 December 2024 | 21 replies
A bad PM can kill a good decision.If you can't find a quality PM in a particular market, don't invest in that market.
Kyle Jameson
New member here to learn + network in Central Montana
26 November 2024 | 2 replies
I understand equity and cash-flow are related, but what I mean is that I don't need the cash flow right now as much as I'd like to build a strong portfolio that can cash flow even more later on.I've owned a single-family rental for 4 years, but on mulitple fronts I felt like I've done a poor job self-managing it, so this Fall I picked up the Turners' book on managing rentals and that's what led me here to Bigger Pockets online.