Shelly Moses
Happy Tuesday, Bigger Pockets Community!!
17 January 2025 | 3 replies
My goal for 2025 is to close a minimum of 1–2 deals per month as I work toward creating financial freedom for my family.
Kevin Cole
To sell or not to sell
4 February 2025 | 4 replies
Some special assessments are already board-approved for 2025 and 2026 to help raise capital for such items, however I know when the time comes there will be a loan which likely demands a higher monthly payment for owners -- reducing my cashflow. - Based on sale of other units in the complex, I believe my current equity to be roughly $160,000, a little more than 50% equity. - The condo is currently leased through April 30, 2025. - August 2025 will be 3 years since I moved out.
Chris Seveney
Is it really this bad with syndicators?
16 January 2025 | 19 replies
So every month we have a member of our team reach out to investors to check in and see if they have questions, wish them a happy anniversary for investing and just check in…..Over the past few months we have had multiple investors panic on calls noting “please don’t tell me my investment is gone” (NOTE as we mention above not purpose of call), as several have noted they cannot take another complete loss on investment.
Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
23 January 2025 | 10 replies
My guess is that you will pay less per month with multifamily than a single family. 7.
Jennifer Miniuk
About To Sell First Flip...Now What
14 January 2025 | 1 reply
If you're not worried about current income but rather monthly cash flow, I'd recommend a 1-4 MF property.
Jason Vestweber
3620 Southgate Pl SW
14 January 2025 | 3 replies
Over 2K a month in costs savings to the building.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
For property taxes I took the sale price of the property times 1.5%, then divided that by 12 months.
Nate McCarthy
How to extract equity from turning basement into rental unit on paid-for house?
10 January 2025 | 2 replies
Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.
Account Closed
"Additional Insured" clause in PM contract
17 January 2025 | 7 replies
I appreciate it.Aside from the option to be added as 'additional insured' they have the option to purchase a "ProtectionPlus Bundle' from Surevestor, which includes several things like protection against eviction costs, wilful damage to property, over a $1 Million third party liability protection, loss of rent protection for 25 weeks etc.This is $50/month.
Jorge Caceres
Utilities included worth the risk?
7 January 2025 | 28 replies
If someone was over during a high consumption month I'd give then a notice/warning for the first month along with some energy consumption tips then tack it onto the rent.