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Results (10,000+)
Evan Mullen New investor in Austin, TX looking to build network
14 June 2020 | 7 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.
Jay Meola Just a Noob saying hello
18 June 2020 | 9 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.
Danica Perrault Real Estate Agents, Home Inspectors & Attorneys
26 June 2020 | 6 replies
I recommend people ask for a redacted copy of a recent report from an inspector to see the level of detail they go into before selecting them. 
Nick Webb Tenant Screening | Top resources available
24 June 2020 | 6 replies
You can also find the link I provided by hovering over 'tools' and selecting Landlord Resources under 'services'.  
Luke Carl Pricelabs No Longer Compatible with YourPorter?
6 October 2020 | 16 replies
It allowed us to be mores selective on only getting the reservations, and the guests we want (longer stays, higher rates).
Jalon Wilson 203k loan for first investment?
24 June 2020 | 2 replies
Select from a larger selection of properties for sale (in any condition), including condos, townhouses, mixed-us, multi-family, single-family dwellings and those that do not currently meet FHA standardsWhen offer is presented properly to seller, 203k offers may be advantageous in a competing offer situation as the seller does not have to fix-up or repair the property but instead allow the buyer to include these items into their 203k mortgage and complete the improvements after closing using the buyer's own style and design.203k Benefits to Home Owners & Sellers (not all inclusive)Market property to more buyersAllow buyers the opportunity to renovate, upgrade or improve to suit their tastes and preferencesNo need to settle for low-ball cash offersCurrent condition of property not required to meet FHA's property standardsBuyer is permitted to correct any property deficiencies after close of escrowNo more inspection concernsAbsolutely no repairs are required prior to close of escrowSeller not responsible for cost of repairs/improvementsTransaction will close with property in "AS-IS conditionClosing occurs in 45 days203k Benefits to Realtors® & Lenders (not all inclusive)Increase income by selling more homes and originating more loansRaise real estate values by improving homes and neighborhoodsDecrease foreclosure inventoryHelp buyers who previously could not buy homesHelp seller/owners with properties in outdated or fix-up conditionSpur economic growth by creating job opportunities for the construction/remodeling industryPromote an under-utilized niche program that not many Realtors® or Lenders understandRevitalize your community203k Disadvantages (not all inclusive) upfont MIPMI for life of loanSupplemental origination feeInspection feesTitle update feesmore complexmore moving partshigher interest ratepossible longer closing timeBut working with the right 203k Lender, a contractor with education/experience with the 203k, such as a Certified 203k Contractor, the benefits can definitely outweigh the disadvantages. 
Leland M Campbell Greenhorn from Ann Arbor, Michigan
20 June 2020 | 3 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.
Victor Chen Real Estate Investing - Why?
19 June 2020 | 3 replies
I realized that RE will enable me to build wealth and in a consistent way (rentals) over time better than other options.I love the fact that there is a high leverage option and if carefully selected low(er) risk.After 18 years I still have not found another way to use leverage that can help build wealth.It requires patience and attention and it is not "noise" free but all in all . . . steady way. 
Tim Garrett Office Rehab and Hold
23 June 2020 | 0 replies
Ashley Capps at Select Bank helped with the financing and he is my primary lender at this point.
Rich Thomas K1passive or non passive loss
27 June 2020 | 3 replies
@Rich ThomasIt looks like your tax professional is doing it incorrectly.Sometimes an accountant will select a couple boxes and be like "oh if I click this box, he will get a larger refund, let's do this".The fact that you are a limited partner in a partnership, your loss should be treated as passive.