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16 July 2024 | 4 replies
Tell the family member that this was an investment to help pay for your son's college and right now you are losing money as rent is lower than the mortgage and HOA, so you are selling it.
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15 July 2024 | 1 reply
Or you could promise a certain interest rate then lower the rate by a percentage or two at closing.What can be done in todays market to underpromise and overdeliver?
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18 July 2024 | 1 reply
This is the perfect place to start learning and building connections for your real estate journey.
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18 July 2024 | 4 replies
It was fantastic for networkingI don’t know for sure, but it seems like at around the same time that BiggerPockets started hosting its own conferences and advertising boot camps and such that it became harder and harder to find where on the website that you could find local meetups.This morning I searched the website to try to find where local meetups were posted on the website and it took me between 5 and 10 minutes to find it.
19 July 2024 | 9 replies
If someone was building their home new (or major reno) for the first 5 months of the year and then places the property into service in June, does the first 5 months of contractor work (building the new home) count towards the calculations or does the timeline only start after the home is put into rental service?
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19 July 2024 | 6 replies
Implement Ratio Utility Billing System (RUBS)This article is a good starting point (link) or search BP for RUBSGood Luck!
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18 July 2024 | 9 replies
Hey Hughston, start by connecting with the locals in your chosen market.
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19 July 2024 | 53 replies
I was recently referred to LendingOne by a fellow investor and just wanted to share my experience thus far as I feel there's a lot of marketing bait and switch happening with lenders that advertise terms and loan structures...Our past and current project: We do buy-rehab-refi-hold (airbnb) rentals, not regular rehab flips.First off let me start with the things I think LendingOne excels at:Nice dashboard to upload and store all your documents to track how the loan process is coming along.
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17 July 2024 | 11 replies
Basically if you're in the upper credit tier it's not too difficult, and no sense in paying someone to do it.Regarding the company, I've been following the misc posts for a while, everyone does say starting out it uses your personal credit to start, then they open business lines.Personally for RE, I don't see it as a great model.
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18 July 2024 | 5 replies
Wow, wish you had started this in San Diego.