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23 February 2020 | 7 replies
Any tips on what questions I should use to select the best one?
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27 February 2020 | 11 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you:http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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25 February 2020 | 6 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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24 February 2020 | 4 replies
GoalsMust Have: Cash FlowNice to Have: AppreciationStrategy: Buy and Hold - Rent Ready (turn key based on pictures)Property Type: SFHBudget: Under 200kMarket Analysis StrategyStep 1: On Realtor.com, search a specific market, and select the least expensive SFH that is rent ready, and use it in my calculation below.Step 2: On Craigslist, search comparable properties to get the Rent Income.Step 3: Run below formula:Cash Flow = Rent Income - Principal and Interest - Tax - Insurance - Vacancy - Maintenance - CapEx - ManagementInvested Amount = down payment + closing costsCoC = Cash Flow / Invested AmountThe CoC is the number I use to determine if that particular market is the "right" market for me.Am I doing this right or is there a better way to analyze markets?
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24 February 2020 | 5 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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24 February 2020 | 4 replies
Please let me know if you have any experience with or thoughts about the provisions.1) Property Manager’ s right to select tenant.There is a provision in the agreement that allows the property manager to unilaterally enter into leases with tenants without first receiving owner approval or even consulting with owner.
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25 February 2020 | 5 replies
I would be interested in your general experience, why you selected them, how long you have used them, and how has your experience been with their help/technical support when you have issues.Thanks!
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23 February 2020 | 2 replies
Do I need to respond with a denial reason to every applicant that I haven't selected and if so can it be through the Zillow messaging system or is there another way I should do it?
5 April 2020 | 4 replies
The selection of market evidence is a decision made between the appraiser and the client, and the USPAP does not specify any specific type or quantity, only that it is acceptable to all parties.
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14 April 2020 | 14 replies
You just have to be selective about where you look in that area and adjacent zip codes.