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27 February 2024 | 11 replies
Here's my advice: Section 8 isn't inherently good or bad; it depends on your comfort with risks, your experience level, and the specific property.
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26 February 2024 | 8 replies
But you'll need to decide what fits your needs and budget right now as a host.
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27 February 2024 | 3 replies
I'm also trying to get an answer on this, but seems like there are far more assumable commercial loans than there are residential, but from what I can tell, it's just a case by case sort of thing and you have to check within the loan docs or with the original lender to find out if it applies to a specific loan.
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27 February 2024 | 4 replies
I specifically asked him to talk to the underwriters to make sure the STR would lend.
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27 February 2024 | 13 replies
Hi Jacqueline-Great questions and I also help investors as an agent in Michigan.Typically, I work with investors that like a particular area I have written content about and have shared on Facebook real estate investor groups in those areas or posted on my website.Then, I work with them to define their investing goals and specific buyer criteria so we are only looking at properties that fit that.It has not been a problem working with investors after defining their buying criteria because only a few properties will meet that criteria.To your success!
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27 February 2024 | 3 replies
@Robert Maxwell, my advice: listen to the first 300 episodes of the BiggerPockets Podcast and then return to forums when you have a specific question.
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27 February 2024 | 12 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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26 February 2024 | 28 replies
The design and permitting usually add a solid delay to everything and also needs to be budgeted.
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27 February 2024 | 32 replies
I don't have so many rentals that I can't balance them, and I found that the extra ~1 hr/month (usually all year's time in 1 month) is worth it to have a pulse on your property, decide the specific repairs, etc.
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27 February 2024 | 3 replies
Philadelphia area, Chester county to be specific.