Michael Albaum
Newest Purchase in Covington, KY
7 December 2019 | 1 reply
So far, the property has had numerous small repair issues, but this is quite common for a building of this size in this condition.
Grant Gaffney
Commercial Loan questions - Amortization and Balloon.
25 July 2019 | 9 replies
And even with the decrease in market share now to 15% from as high as 50%, CMBS is still an an option and has not disappeared completely because of the lack of financing sources that offer a 10 year loan term, fixed rate, 30 year amort, non recourse (which is huge) and certain interest only periods (which is also a trademark CMBS feature) and also CMBS is willing to lend in secondary and even tertiary markets.
Dionna Farbstein
How do you keep track of property while hunting?
21 July 2019 | 1 reply
There was an app called CrumbTracks, but it’s not available anymore.My dream app would allow me to do the following:• add photos and flyers• copy and paste info from any website with a click or two• Keep multiple notes• Maybe have a positives and negatives section• Have a mapping tool to coordinates with google maps to create routes for open houses or drive bys (houses I want to see from the outside before scheduling a showing)• keep links to websites or files• Have a special feature to AUTOMATICALLY ALERT MY PSYCHIATRIST TO GET MY BED READY AT THE INSANE ASYLUM!
Leah C.
Where to obtain insurance?
29 July 2019 | 11 replies
"Bundling" is simply having numerous policies on one company and getting a discount on all of them for having more than one.
Stanley Cival
Off Market properties
30 July 2019 | 8 replies
You can use the search feature to search for people in your local market and there should be at least a handful of agents in the area that can help you.
Ryan Rippinger
Property Tax Exemption
21 July 2019 | 2 replies
It's available to owner occupied properties as follows:Disabled Veterans' Standard Homestead Exemption For veterans with a disability between 30 - 50 percent the exemption is $2,500; for veterans with a 50 - 70 percent disability the exemption is $5,000; veterans with a service-connected disability of at least 70% are exempt from property taxes on their primary residence.I would focus also on things like wheelchair accessible features if you go down this route.
Eli Schwartz
New from New York / New Jersey
15 August 2019 | 11 replies
I like the search features: https://www.biggerpockets.com/search
Robert Garcia
Bridgehouse in Ladera Ranch CA
30 October 2019 | 14 replies
I did get my rents on time for the most part usually between the first and fifth day of the month never really the same day it seemed to be different every month again not a major concern the lease had a no late feature until the 6th day of the month.
Komi Agbodzie
Self directed IRA investing
25 July 2019 | 8 replies
I'm considering doing some investing using a SDIRA, but my business manager of over 20 years says he is "not a big fan as I've seen them attacked by the IRS on numerous occasions".
Damone Hardy
Wanting to learn the ropes of real estate
22 July 2019 | 3 replies
I like the search features: https://www.biggerpockets.com/searchAlerts can be really helpful too: http://www.biggerpockets.com/alertsThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides