Bubba McCants
Seeking Recommendations for Property Management Software for LTR and STR
3 May 2024 | 11 replies
They advertise on different sites.
Gregory Jerome
Need help explaining a double escrow!
3 May 2024 | 33 replies
Just to be clear Lori, nobody here, and certainly not me, stated that double closings were illegal, we were discussing simultaneous closings and that using buyer C's funds to close your original A-B transaction was illegal, there is a distinct difference.
Alex Nassar
Real Estate Financing?! Please Give Input
1 May 2024 | 2 replies
Both banks and credit unions are good starting points, as they can offer different types of financing solutions that might suit your down payment goal of 15-20%, but the chances of getting 15-20% are limited as 25% is more likely to open more doors for you.
Angu Krishna
23% management fee
3 May 2024 | 11 replies
My PM have the same thing that comes in 3 different packages, including if the tenant doesn't pay...etc. which is basically them just giving you the money, then they go after the tenant.
Brendan Quinn
Deciding ! Keep rental or sell ?
3 May 2024 | 7 replies
I would look at the ROE differences between what you can make now by selling, including the yield on that lump sum if reinvested in the current market conditions, versus what the property will be worth at a point in the future (5 years, 10 years, etc).
Namal Burman
Condo or Townhome @ Imperial Beach,CA
2 May 2024 | 1 reply
I am not new in RE (Own 2 (condo+townhome) +primary home) and all units are in San Diego and know want to buy something near beach and been in Imperial Beach lot of times love the place :)Any guidance how should i approach?
Jake Posner
Looking to buy first rental property
5 May 2024 | 41 replies
I'm just "starting" my investment journey in Toledo so still learning about the different asset classes haha 🙈It all depends how people are born and bread IMO.Some with a silver spoon and others with a Makita cordless drill 😁I'm sure many folks on the East and West Coast would consider all of Toledo as "Z Class".Current rents are under market.6 unit is located in Point Place which in my "blue collar working class guy" opinion is a solid A class area for Toledo standards.I'm sure the humble folk in Toledo consider what you will find in the images as "A class" due to heavy influx of homeowners.Much success 🙏
Matthew Morris
Carolina Beach Market
3 May 2024 | 6 replies
My wife and I just got into Wilmington with a studio downtown that is also doing well now, but definitely a big difference from the beach.
Michael Crocker
Newbie in Conroe, TX - Eager to learn about REI!
2 May 2024 | 11 replies
He intends to use part of it as a down payment for his primary residence, but he wants to use the rest to build something bigger.
Elyse Martinez
Hello everyone @ BiggerPockets
4 May 2024 | 8 replies
@Elyse MartinezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.