John Horner
Banker told me SFH rentals are as bad as printing companies
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
James Denon
Backing out of a great deal because of coronavirus covid-19
This is unprecedented. Once in 4-5 generation event.
I had multifamily that I was supposed to close on next week in Springfield Massachusetts. It was a great BRRRR deal given the hot market conditions. All in with re...
Herwin G.
Buyers' agents giving commission rebates?
Hey BP, a friend recently mentioned that there are some buyers' agents that offer commission rebates of 1% or so. And since the commission is already factored into sale price (as the seller pays the commissions) thoug...
Jake Andronico
House hacking at 22 - What I regret...
I purchased my 1st home at 22 years old straight out of college. PP: Aug. 2019 - $356,900 w/ 20% down (borrowed a large chunk of the down payment). Refinance: Nov. 2021 - Property appraised for 480K, I completely paid...
Lupe Santiago
Private Lending in Florida - Rules & Regs
Hi! I have the opportunity to make some loans to a home flipping business in FL (structured as an LLC) secured by first position mortgages on residential real estate. I've looked through the laws myself ( http://law....
Ponni Carlin
Setting up multiple LLCs and Business Credit Cards
Hi Everyone! I am in the process of setting up multiple LLCs and need to manage the rents and expenses within each LLC. I need to get a business credit card for each one. Has anyone experienced how that impacts your c...
Cory Howes
Appraisal outcomes are messing up the BRRRR strategy, Why?!
Hello BiggerPockets community,
I'm hoping somebody may be able to shine some light as to why my appraisals are coming in much lower than current market values. I have been buying fixer uppers, both single family and...
Madheshwaran R.
Seeking advice on New condo for STR
Hi, I've been searching for an investment property in Branson and other areas. However, I couldn't find one that offers a good return in terms of cap rate and cash-on-cash (CoC) — the prices of homes are very high. I'...
Don Konipol
How to Avoid LARGE Loses in Passive Investing
How to avoid large loses in passive investments?
As important as due diligence, analysis, knowledge of the property type, track record of the syndicator, correctly predicting economic trends, and timing is, the numbe...
Christian T.
Memphis, TN War Zones
What are the war zones in Memphis, TN zips or cities you wouldn't invest, buy or walk at night.