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21 February 2020 | 9 replies
DO not use the Opening Balance feature.
19 February 2020 | 27 replies
I like the search features: https://www.biggerpockets.com/search
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8 February 2020 | 16 replies
In order to organize your search, create a spreadsheet and gather the following data points for the past 5 years for at least 7 midwest markets:- unemployment- job growth- job diversification- income growth- population growth- home pricing- rent affordability- vacancy ratesAlso note, landlord / tenant laws and property tax ratesOnce you have this, order your search based on trends (there isn't a perfect market either).
8 February 2020 | 4 replies
Cycles are the most prominent feature of the real estate industry, we discuss late cycle behavior and current trends, which typically persist longer than cyclesIf the market is static and the pace of change is gradual, we may hardly feel the change, but they are happening even if subtlyToday, we are seeing changes of state in the housing market, which may see homeownership in the 2020’s drop to levels not seen since the 30’s and 40’sJoin AZREIA as we gather the brightest and most successful Arizona investors for a panel of “Prescriptions & Predictions” on navigating this amazing time in real estate.I think the first meeting is free to attend.
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11 February 2020 | 6 replies
Ask questions regarding fees/points, time to close, rate reductions based on experience.If you want to directly market/contact the owners then you could look at websites like:PropStream.comREI/kit.comAuction.com (for buying houses at your local auction, some hard money lenders will actually help you with this)Forclosure.comYou may still be able to find 'deals' listed on the MLS, my go-to site for research is Realtor.com, so you can filter out 'Pending/Contingent' on the 'listing status' so you don't waste your time on homes that are under contract.Identify the types of homes (location, price, features/amenities) that you want to target for your fixes and try to get as specific as possible when you talk with the realtors.
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8 March 2020 | 7 replies
So don't overspend and don't get super fancy features that won't increase the ROI.
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11 February 2020 | 17 replies
By taking advantage of the pay down re-advance feature.
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9 February 2020 | 2 replies
I host an event and post here on BP, and I take advantage of many other Pro features.
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5 April 2020 | 5 replies
We screened both of our tenants very thoroughly and neither have become unemployed/under employed.
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19 February 2020 | 7 replies
Gap of 3 months of unemployment.