Lucas Pfaff
J. Scott's Book on Estimating Rehab Costs - Spreadsheet?
30 April 2024 | 21 replies
Hey @J Scott hope all is well, I just came by this thread and just bought your book on amazon and saw that bigger pockets actually offers estimation templates, sample contractor agreements and 8 other documents..
Rigo V.
Rehab Financial Group
30 April 2024 | 2 replies
They offer a HML for 100% on rehab and purchase up to 65% of ARV on a flip.
Mehdi Haider
Best way to cash out refinance or DSCR
29 April 2024 | 10 replies
Happy to be a resource for you.
Jim Doyle
Purchasing off market via executor of the will - Ran into roadblock.. - Path forward?
30 April 2024 | 10 replies
I think I need to write my purchase contract to the trustees to see if they'd consider my offer as this is what the sister as the beneficiary and executor would like.
Stephanie Cortez
How to find deals in Philadelphia, New Jersey, and Delaware
29 April 2024 | 7 replies
Any advice/tips/ resources greatly appreciated.
Thomas Keigwin
Getting Off The Sidelines - Newbie
29 April 2024 | 2 replies
I have a couple business partners looking to pool resources to make this possible as well.I am interested in connecting with bigger pockets experts, agents, and lenders in Middle Tennessee or surrounding states.
Michelle A Shriver
Construction Management Fee Question
30 April 2024 | 7 replies
Michelle - My property management companies offers oversight of a larger project/renovation for 10%.
JJ De La Llera
Creative Financing - Multifamily Apts 74 units
30 April 2024 | 3 replies
offer a fair market price that you are happy with and then in the contract say you will pay X amount additionally over 5-10 years to equal the amount they actually want?
Nathan Gesner
Research Question - Red Flags when interviewing Property Managers?
30 April 2024 | 27 replies
Oh one more tip, ask specific questions, like who is going to not say “yeah im great with communication” , be wary of this trap too because you want the PMs to focus on doing their jobs rather than answering 20 emails from each investor each week, time is our most valuable resource please don’t take up too much of it, when you say “yes” to something you are also saying “no” to something else (opportunity costs)Questions to ask:- what is the eviction process like after COVID 19 in your city (ask for details and differences beforehand)- what are the city rental regulations, what is the process to obtain a rental license, how would you rate this city compared to surrounding cities on difficulty with this process and working with landlords- how do you handle late fees and payment plans, if a tenant calls and says they’re going to be 5-9 days late but have been on time for 6 months what is your response- if multis - how do you handle tenant conflicts- why do they work in property management and how did they get there- if you could invest in any city in the state where would you and why (I love this question because it will tell you if they know where the most profitable areas are for investors and ROIs and hidden costs)- how is water/water bills handled in this city
Miranda G.
Earnest Money Deposit Startups
30 April 2024 | 1 reply
Recently, I've encountered startups and companies offering quick EMD financing at high interest rates (around 3-5% per month).