Christian Decker
In Search of Contractors
28 May 2021 | 8 replies
Just in case you are still looking or might need to in the future, I can highly recommend two contractors I've known for years- one has been a family friend for 30+ years named James Barnett; he has done many projects on my family home; and the other is a friend of 8+ years named Adrian Jorge.
Shane H.
If & How would you increase rent? (Unique situation)
10 September 2018 | 20 replies
Sometimes a tenant will play your friend in order to avoid a rent increase.
Zach Riegler
Sacramento Eviction Lawyers
7 September 2018 | 1 reply
I have several lawyer friends and they all said gary.
Abraham Kaplan
Roswell NM Real Estate Agent
6 September 2018 | 0 replies
Anyone near me could give me some investor friendly realtor or broker referrals!!
Mason Fiascone
Buy and Hold Out-of-State: Market Analysis from a Newbie
11 September 2018 | 31 replies
Price / Rent Ratio - lower the better Avg Median Income - feeds into #2, not as important on its ownAvg Median Price - feeds into #2, not as important on its ownAvg Median Rent - feeds into #2, not as important on its ownRent % of Income - rent should be >1/3 of incomeSociodemographic Rank - should be high (used this article)Population Growth - should outpace US average (used this site)Jobs Growth - highger the better (used Forbes data: example)Law Favorability - should be landlord-friendly (used Avail: example)State Tax Favorability - should be favorable (used this article)Poverty Level - should be low (used city-data.com)Crime - should be below US average of 290 (used city-data.com)Industries Present - should be diverse (used city-data.com) Here are the markets I evaluated: Bend, ORGreenville, SCCharlotte, NCMeridian, IDMidland, TXSpartanburg, SCHuntsville, ALKent, WAWithout any further delay, here is my market analysis laid out with selection criteria and markets: As you can see, the Top 2 Markets are: Meridian, IDCharlotte, NCand they are mostly green across the board, hitting all selection criteria, at a reasonable purchase price for my first investment at a young age.Now that I've completed a brief analysis, I'm looking to dive into deal finding and developing my Core 4.What are your thoughts on my preliminary market analysis?
Christopher Albritton
Looking for Wholesalers, Contractors, Investor Friendly RE Agents
19 September 2018 | 3 replies
Hello BP Members,Financing is lined up, so I'm looking to expand my team of professionals.As listed, I need wholesalers, contractors, and investor friendly RE Agents alike in the following areas.SarasotaBradentonSaint PetersburgTampaPossibly other surrounding areas, but the ones above are my immediate focus.Thank you for reading, and I look forward to speaking with you.
Eddie Gonnella
New Member From Bangor/Orono Maine now living in Richmond VA
1 November 2018 | 9 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
Josh Rogers
What should I do to get rid of my fixer upper?
11 September 2018 | 15 replies
Recently a few friends have suggested that I invest some money into the basics such as new plumbing and some cosmetic work so that I can at least market it for a higher price, however, I am hesitant to do this as I am not sure if anyone will buy once the updates are completed.
Dave Atwal
Protection against Tenant Lawsuits
10 September 2018 | 15 replies
They total upto $1.5 million of rental assets.How do I do asset protection against any lawsuits, especially in a tenant-friendly state like California.Actions Taken:- I have broken them down to 2 LLCs (3 properties in one LLC, and 2 in another).- I have Umbrella policy of $2 million.Ideally, I'd like to have 1 LLC per property but California LLC are one of the most expensive in the country.Can really use your help and inputs!
Ho Eun Park
Have you bought investment properties with business partners(s)?
11 September 2018 | 4 replies
Business partner(s) can be friends/family members/spouse if you keep things as seperate properties/or through other connections?