Chris Terborg
Hello Everyone New to BiggerPockets!!!!
8 March 2024 | 10 replies
The additional time to close will more than pay for itself in the long run!
Tracey Marzich
Great Columbus Contractor
7 March 2024 | 8 replies
Pricing is great, service is great, his knowledge is great. 5 stars really!
Mike K.
BRRRR using Sheriff Sale purchases and HELOC
9 March 2024 | 21 replies
With that kind of acquisition strategy, it might benefit to utilized a delayed purchase because most lenders struggle to underwrite deals in the span it takes for the auction to close.If you do it delayed, you can stay mostly liquid, then follow up the purchase with essentially a cash out refinance of the purchase price with rehab funds being put into an escrow account as well.Would be happy to explain further, but my clients that operate that way tend to prefer that method to keep getting their cash tied up too much. please explain further sounds phenomenal Jacolby,You purchase 100% in cash, then you do a refinance of the purchase price (usually about 80-85%) and treat it like you would if you were 'purchasing' the property again (so downside is additional closing costs) and add the rehab escrow to reimburse for the rehab being done.
Alex Yakubovich
STR and 1031 Exchange
7 March 2024 | 9 replies
Your new cost basis is only your existing cost basis plus any additional debt/cash invested.
Grace Hartman
Company swapping tenants in violation of the lease
8 March 2024 | 5 replies
So... you can certainly be 'RIGHT' and still be a horrible investor making nonsensical arbitraty decisions or you can just be an investor and look at if from that standpoint - sure, you can decide to nickel and dime for additional Tenants and you would be even more justified if you are paying Tenant utilities (if this is the case).
Eric Eckman
Property Manager for Short Term Rentals in Lake Norman/Charlotte
7 March 2024 | 10 replies
I interviewed a sales rep last week and felt good after the conversation.Worth noting I have no experience using them yet personally, so would recommend additional due diligence if you consider.
Tom Puiia
CPA Recommendation NH
7 March 2024 | 6 replies
@Tom Puiia if you're only engaged for tax prep service with your current CPA, that may be why your expectations are not aligned with the service you're receiving.
Chris Sargent
Hey BiggerPockets Community!
7 March 2024 | 1 reply
I'm thrilled to introduce myself as a fresh addition to this incredible group of like-minded individuals.
Johnie Hopkins
Contractor Referrals (Houston, TX)
8 March 2024 | 20 replies
@Dennis Rodriguez and @John Truong - Thank you both for providing input.After the initial overwhelming response to my post (bad joke), my colleague referred me to www.thumbtack.com that facilitates meetings between investors/homeowners and service providers of all types.I will definitely get a few referrals from the local REIA, as well.Wish me luck!
Mo Nueman
Seeking Recommendations for Remote Property Assistance
7 March 2024 | 11 replies
I am looking for recommendations for an online service or platform to help me find someone that can do a few task for a property that I may looking into.