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I am interested if anyone in the property management business has successfully used any of the new "receivable advance" financing groups out there like Fundbox - Kabbage etc.I have used Fundbox with my online marketin...
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Hello Everybody. NYC allows you look up properties that have unpaid water bills as well as unpaid taxes.Is it worth trying to contact owners of these properties and offer to buy them? For example, when a property owes...
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Hello!I am working on a pro forma for a new construction project for 55 multifamily units.Our plan is to bring in an equity partner that will ideally be interested in a long term investment. With that said, we want to...
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Does anyone own properties where the CoC is lower than the cap rate? Numbers below. Thanks Fully occupied 24 unitsGross rental income $213,613Tax $25kInsurance $6,252Water $12kSewer $17kComm. bldg & common area Ga...
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Hi everyone!I've about 6 months into my real estate journey and have been trying to soak in as much information as I can. However, one roadblock I can't seem to get past is how to fund my first deal. We have very litt...
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When syndicating a deal, a good CoC return is considered to be greater than 10%. Are fellow syndicators aiming to achieve this as an average over the life of the deal or from day one of the deal?For example: The busin...
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I have a tenant (now ex-tenant) who didnt pay rent and broke his lease. My lawyers suggest i contact a collection agency.
does anyone have a collection agency they can recommend? my main goal is to have it show up on...
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What goals did you set for yourself to achieve before quitting your W2 job? What's your journey to time freedom and financial independence look like?
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Hello everyone in BiggerPockets,I have been listening to many episodes of the BiggerPockets on how to invest my money in the Real Estate world in the past 3 months. I have a plan and I'm not sure if I'm going to the r...
Hi!
I was recently laid off from my tech sales job in SF. It's been my goal for the last year to buy a small real estate investment property in Florida (where my family lives) but I've been too busy to look properly...