Jorge Gomez
Embarking on Real Estate Investing
14 March 2024 | 4 replies
I am eager to connect with like-minded individuals in the industry thru this platform.
Denis Churchill
Will banks finance 16, 1 bedroom units
15 March 2024 | 2 replies
A lot more detail is required for an accurate assessment.
Jacob Heckford
Invelo Or Propstream Software
14 March 2024 | 21 replies
The Starter plan (which is free) is really designed to support newbie investors, as all of the available presets are what they should be using in building lists and sending marketing campaigns.The Individual plan is perfect for the investor who has established investing strategies and is looking to scale.
Tom Server
security deposits for triplex.. how many saving accounts are needed?
15 March 2024 | 5 replies
@Tom Server most states only require a separate account for ALL security deposits one holds.Of course, this is NOT legal advice and check with a competent attorney.
Hyeonji Oh
Multi family cash flow in San Jose
14 March 2024 | 12 replies
However, house hacking is still possible, although it may require some creativity and strategic planning.
Elena Korsakova
Buying a REI property in Florida - Entities, Banks, Agents
15 March 2024 | 2 replies
For holding security deposits the state requires that you use a bank located in the state of FL.
Pradeep Velugubantla
New to BiggerPockets
13 March 2024 | 14 replies
Requirements for Registered Agents: Recognise each state's criteria for registered agents.
Elisa Endress
Starting up with STR - Where to start
15 March 2024 | 4 replies
STRs require a lot more cash up front so you just want to make sure you have a good idea of what you're getting into first :) I own STRs and love it but I also wish I had learned a little more about the analysis and management prior to going live - I did some of that on the back end and could have been successful faster.Another idea is to talk with some owners 1:1 to see what advice they would have for someone starting out.
Darian Richardson
80% DSCR LOan for SFR
15 March 2024 | 17 replies
For a cash out most DSCR programs are going to require that the property has not been on the market for the last 6 months, but there are a couple who will allow after the property has been pulled from the market but will likely have a pre-payment penalty.
Sarah Miksa
To House Hack Now or Buy More?
15 March 2024 | 16 replies
I'd evaluate how much rent I could get for the 2 bedroom/2 bath by renting each room to 2 individuals (not related) after I move out.