Audrey Sommer
Would Love Some Advice for Starting Out
19 October 2024 | 11 replies
If you just look on Zillow, pick a random property, buy it, and turn it over to people you don't know to manage it, it's extremely likely that you will: have it cost a lot more than you thought, get overcharged for things, lose money, and have a big chunk of your savings just stuck in the property not really doing anything for you.Not to discourage you, or to say that you would do what these folks did, but here is what NOT to do OOS:https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/67/topics/1167190-strug...I hope this helps - happy to dialogue further.
Josh Fugle
did you pick your market or did it pick you? All-arounder looking for a market
13 October 2024 | 34 replies
have you thought about changing and are waiting to pull the trigger?
Yogev Lifchin
Google Ads Tips for Wholesalers: How NOT to Write a Google Ad as a Wholesaler pt 1
16 October 2024 | 0 replies
It should include the keyword multiple times within the ad body and title so that it gets highlighted, which is another trigger for visitors to click on YOUR ad.3 - THERE IS NO CALL TO ACTION.Every ad needs to create a sense of urgency with a call to action, such as “Start Today” or “Get An Offer Now.”
Joseph Braun
Should I avoid Baltimore?
19 October 2024 | 30 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!
Alan Asriants
Strategies for new investors/Househackers
18 October 2024 | 1 reply
Often times you'll find these properties to be a little bit outdated, but are in great condition and extremely well kept. 6.
George Bell
Making extra principal payments
15 October 2024 | 5 replies
Over the past 3-4 years, most DSCR lenders have restructured the prepayment penalties to be triggered even with additional payments to principal.
John Salcedo
Line of equity backed by Whole Life policy
16 October 2024 | 5 replies
In Austin, I know Horizon Bank has been open to more creative financing strategies too, so it’s worth checking with them.One thing to keep in mind is that the terms can vary wildly depending on the institution, so I always recommend reaching out to a financial advisor who’s well-versed in life insurance-backed loans before pulling the trigger.
Brandon Gale
How do you handle unreasonable reviews?
18 October 2024 | 29 replies
If they indicate they will leave a positive review, the survey will direct them to the proper OTA to leave that positive review.If they indicate they will leave less than a 5-star review, trigger an email to the host/assistant for immediate follow-up.
Allende Hernandez
Need suggestions on how to handle utility costs for house with "efficiencies"
20 October 2024 | 8 replies
Here are some extreme cases that are mostly 21st century issues:- cannibus is legal in many states.
Bradley Snyder
BEST Areas for STR in Columbia
17 October 2024 | 3 replies
I don't invest there (currently) but Columbia continually shows extremely strong data.