Mike Perez
Looking for a market to make my first OOS investment.
18 September 2022 | 15 replies
YES, we may be a little biased, but check out our blog here on BP comparing Detroit to other cities and Deep Dives on Metro Detroit cities & neighborhoods: https://www.biggerpockets.com/...Your biggest question shouldn't be WHERE to invest, but HOW you will invest!
Wayne B.
ROOKIE WITH $65K SEEKS ADVICE
27 October 2022 | 25 replies
Do you understand that Robert Kiyosaki is the biggest promoter of "Using Other People's Money," to make Money?
Michael H.
Exploring Joining a Multifamily team.
24 June 2020 | 4 replies
I think the two biggest ways you can bring value to a sponsor and potentially be a part of their GP would be finding the deal and/or finding the money.
Enyi Ajoku
Tenant Has Stopped Paying Rent
27 July 2020 | 13 replies
@Enyi AjokuI know hind sight is 20/20 however my biggest recommendation is upon late rent, issue a pay or quit.
Christopher Leet
Portfolio & Commercial Lending Columbia, SC
9 December 2022 | 9 replies
@Christopher Leet I'll message you some local lenders I've spoken with who work on smaller to mid MFR here, however if you're comparing products from other states, the biggest difference you'll notice is the main norm around here is only about 70% LTV and 20 or 25 year am.
David White
Transitioning from Single Family to Multi Family
28 May 2020 | 18 replies
I personally think that is the real hurdle that keeps most investors in Single family homes.
Carmichael Lewis
Single family homes vs. Multi units
7 April 2020 | 19 replies
One of the biggest perks I have found about SFR is that you can better choose the neighborhood.
Frank Z.
$26,000 Foundation Repair Quote
26 November 2022 | 53 replies
Gotta ask ya, and I'm not being a smart alec, but if the foundation slipped 2 inches in 47 years it may not be a massive hurdle unless you're seeking to make it perfect (or the cracks look brand new).
Jay Mat
70 percent rule on rental property.
11 April 2020 | 7 replies
I, on the other hand, determine my max bid not on the 70% rule but on my own Return on Investment (ROI) Target or Hurdle rate.
Bobby Larsen
Multi-Family Financing Options
15 April 2020 | 9 replies
Reserves are the biggest issue for those that have been aggressively buying and not counting on much for reserves.