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1 November 2024 | 1 reply
If you're considering scaling your portfolio, what loan features matter most to you – lower interest rates, flexible terms, or higher loan-to-value ratios?
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27 October 2024 | 15 replies
Hi @Abel Eskinder, Welcome to BiggerPockets!
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28 October 2024 | 5 replies
The last house I bought, was brought to me off-market by my agent, and it's seeming that off-market is the only way to get good properties without the MLS prices.I've recently got a nice business card printed up, and would like to start a direct mailer campaign, using BatchLeads to find multifamily properties in the local towns that I wish to invest in.I have a pretty strict criteria about what I'm looking to purchase at this time:-Legal 2-or-more unit large Multifamily (not required to be owner occupied)-Each unit should be at least 3 bedrooms (so if it's a duplex, it needs to be 6+ bedrooms)-Sewer (not septic)-Gas (not oil)A lot of this information is not readily available online, so once I start my mailers, I'm sure I'm going to find people who eventually respond, but that don't have criteria which match what I'm looking for.I feel like it would be a waste if I paid a bunch of money for direct mailers, and then someone reaches out to me to sell, but their house doesn't match the criteria of what I'm looking for -- I don't know anything about wholesaling.What can I do to monetize these leads, or is the answer is that I need to learn So we believe no lead is a bad lead.
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28 October 2024 | 1 reply
Glad to be part of an on-line real estate group.
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27 October 2024 | 13 replies
These are just Marketing ploys to try and get you to sign up for a program and the odds of being successful are pretty much zero.
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21 November 2024 | 21 replies
It's unreasonable to expect the PM to drive 90 minutes to look at every job before sending a contractor.
21 November 2024 | 24 replies
So it is worth a lot more to them then it is to me.
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21 November 2024 | 9 replies
Code Enforcement would schedule a time to come by only to ghost my PM.
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21 November 2024 | 1 reply
As far as property managers and realtors go in Rochester, I haven't done any business down there but if you look on BP next to the "Build Your Investing Team" section, you should be able to find some folks in the area.
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21 November 2024 | 11 replies
IF you were to renovate a non-conforming unit, that unit would now need to be brought up to code.When or if you rent out the unit, you, of course, run the risk of the tenant calling the city and saying the property isn't up to code, which would, in turn, cause an inspection by the city and likely result in some violations that would require you to bring the unit up to code.These types of units are ALL OVER the city of Chicago and be rented out on a daily basis, but there is still clear risk associated with renting them out.