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31 October 2024 | 12 replies
I’m new to the BiggerPockets community and thrilled to be here!
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4 November 2024 | 4 replies
Hello All, My name is Cara and I'm new to BiggerPockets.
2 November 2024 | 8 replies
Landlord can require tenants to be responsible for separately metered utilities, so can avoid waste.Landlord can get annual small increases in rent.NegativesMost of us don’t treat something we get for free the same way we treat something we’ve worked hard to obtain.S8 applicants claim “broke” and don’t like to pay application feesSame goes for security depositsS8 tenants, in our experience, tend to cause more property damage than non-S8 tenants. - Make sure you get a security deposit and perhaps do a surprise inspection of their current home.S8 requires an inspection (mostly health & safety) before approving a lease and then annually thereafter. - Not something most landlords taking care of their properties have to worry about.There are limits to clauses they allow in your lease.
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26 November 2024 | 6 replies
He works with many investors and hears about things they want to sell way before they’re ready to list them with a realtor.
26 November 2024 | 1 reply
Quote from @Ray Watkins: What is the best way to finance a newly built, entirely new home on a property?
1 November 2024 | 11 replies
In the past basic zoning pretty much allowed you to rent a house to 2 unrelated people (family/kids obviously don't count as they are related to the adult(s).
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26 November 2024 | 1 reply
I figured out how to connect all the detectors and wire them together.
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1 November 2024 | 5 replies
Waiting too long to refinance can also leave you with less favorable market conditions.Neglecting to Build Relationships with Lenders:Many investors assume refinancing will be easy, but without building good relationships with lenders or shopping around for the best terms, you could end up with a deal that doesn’t work for your investment goals.Ignoring Cash Flow:Some investors get caught up in the equity gains and forget about cash flow.
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30 October 2024 | 0 replies
Even if you want to invest a year from now, cleaning up your money is the most important thing to do.