Fred Boyle III
never too late to invest in real estate
17 April 2024 | 10 replies
I made some resources for my out-of-state investors like a neighborhood graded map and contractor rolodex that I can share with you!
Vahid Nazer
Is It Beneficial to Work with a Fiduciary Financial Advisor Before Starting My
16 April 2024 | 2 replies
Hello BiggerPockets Community,I'm currently in the early stages of planning my investment journey and considering whether to enlist the help of a fiduciary financial advisor to get my finances in order first.
Soyoung Bae
Zip code 46229 any insight?
15 April 2024 | 5 replies
Hey am new in biggerpockets too and the community is friendly so don't hesitate whenever you have any question :)Now back to your question, I think I can pull that for you.
Bubba McCants
Maximizing Sales in Today's Real Estate Market: Strategies for Agents
15 April 2024 | 1 reply
Hey Bigger Pockets Community!
Ndu Nwachuku
Malibu Groves West Orlando Investment
15 April 2024 | 4 replies
If anyone has insights into upcoming developments or timelines your input would be invaluable to me.Thank you in advance for your guidance and sharing any information you might have!
Tony Stephan
16 Unit Value Add Multifamily Update - Metro Detroit Market
15 April 2024 | 9 replies
.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!
Andrew Matura
Real Estate Groups
16 April 2024 | 8 replies
Alongside the bigger pockets community of course!
Chi Hang Cheung
Hello BP Community
14 April 2024 | 0 replies
Investment Info:
Single-family residence buy & hold investment.
New to BP and looking forward to getting to know you more.
What made you interested in investing in this type of deal?
I wante...
Jake Smalley
(Please Read) - Creative structure required involving Trust and family sale
17 April 2024 | 3 replies
She will get each beneficiary to sign off on allowing this to happen, lessening their inheritance cash-wise but keeping the family in a home.My idea is that the trustee daughter could purchase the home, but could do so instead through a sort of owner-financing where the Trust finances the asset to her directly rather than buying it in full at great cost and taking out a mortgage on an already paid for property:- Property is in Trust and is fully paid off,- Trust finances the property to Trustee for closer to market value, and payment can still be set at 1500- No/less down payment required- Any interest rate, maybe 0- Tenant family makes rent payment of 1500, which pays off the property and pays into Trust- Beneficiaries' % share accrues gradually as payments are made- Set future balloon payment if necessary (if Balance required at a certain time, for college, etc.)This would decrease the out-of-pocket cost for the Trustee purchaser, and increase the amount that each beneficiary will receive (eventually).I have no Trust experience, though, and I'm hoping to hear from the experts.
Sammy Marshall
First Time Investor
16 April 2024 | 9 replies
Looking forward to being a part of not only the STR community but the Bigger Pockets community as well.Sammy Marshall