Lance McFarland
New to Bigger Pockets
15 March 2024 | 3 replies
Welcome, Lance Get a great Mentor A great Contractor and Realtor Work on your down payment and Credit
Torin Jarvis
Newbie looking for guidance
15 March 2024 | 6 replies
Welcome 1-,Get a great Realtor. 2-Get a great contractor 3-Get a down payment for a property. 4-Work on getting your credit score better.
Isaiah Thelwell
Seasoning periods for Refinance?
14 March 2024 | 18 replies
Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.
Joel Hecker
Inheriting M2M tenant who smokes - give them the boot?
14 March 2024 | 6 replies
Or do I set a no smoking policy, evict him, mitigate, and hope to find a non-smoking tenant now?
Mohsin Mazhar
Keeping a property in an LLC vs person name for BRRRR investors
15 March 2024 | 5 replies
I made the payments for over a year and just recently put rental back into my entity.
Rick L.
Buying outright vs leveraging - Help a new member out!!
16 March 2024 | 8 replies
My questions is this: Is it smarter to purchase a property outright vs. putting down payments on more than one property.
Alexis Fentress
Cash Cow #10 Class D
13 March 2024 | 7 replies
What about the rentReady repairs when they finally get rid of the nonpaying tenant?
Laura Weiszer
Inheriting Tenants - to keep or vacate??
13 March 2024 | 1 reply
.- The owner did provide proof of payment, and rent is confirmed $750, but always a few days late...Unit 2:- 1 BR- There was a language barrier, she didn't speak english, and I think she was afraid to open the door so I didn't get to tour it.
Matthew Cabrera
NAICS Code for Real Estate Investing & Best Practices
15 March 2024 | 0 replies
However, it is likely that I will want to use my commissions to fund repairs, use as a down payment, or even cover expenses on these investment properties.
Gene Jung
Certain amount: looking for investment opportunity
15 March 2024 | 31 replies
Non-negative cashflow is enough.