Gerardo Waisbaum
Seeking Advice on Best Options for Parking Multifamily Reserve Funds
Hi everyone,
I am a multifamily property operator, and I am looking for some advice on where to park our reserve funds. Currently, we have them in a money market savings account, but I believe there are better opti...
Winniferd B.
Houston
I'm thinking about getting my real estate license so that i can have access to MLS. So my question is since I'm really not interested in being an agent do the license actually have to be active and if so does that sto...
James Peoples
What's the difference between an Licensed Agent and a Realtor
My question is to licensed agents and realtors. What's the difference between an Licensed Agent and a Realtor?Also, as an licensed agent would I be able to gain access to the mls without joining any association such a...
Jonathan Villanueva
Passing the Real Estate License Exam
I am on the fence as to whether I should get my real estate license as a newbie REI and I've read several pros and cons about getting the license but some of the information I read is implied or not clear. I have atte...
Tony Thompson
Using Equity to Reinvest
Had a few thoughts about using equity to reinvest.
1) Is it a good idea to reinvest equity from one property to purchase another? Generally I see this as getting your money (equity) to work harder.
2) Is there a ...
Sanat Bhandari
DSCR Loan Clarification Post
I've seen a ton of interest in the DSCR loans from investors and just wanted to clarify some of the minor details of an actual DSCR loan:
- The rental income used to calculate DSCR is based on the lower of market ren...
Chris Clothier
Would you put 50% down to buy unlimited properties?
In the recent Biggerpockets.com/Memphis Invest Real Estate Investor Study, one of the pieces of data that came from the conclusions in the report was that real estate investors who planned to purchase more property wo...
Joseph Weisenbloom
How do you handle tenant AC costs?
Tenants love to crank AC systems to absurdly low temperatures which creates a high likelihood of breaking the AC unit. In my area HVAC techs charge $1000s just to look at the unit after it breaks. I have a 3 year old ...
Scott Trench
How Important is Your Credit Score?
I've noticed that a lot of people on the site come on and ask about how they can get started investing with a poor credit score and if that score even matters in real estate.I'd argue that it does. I think it makes o...
Luis Leiva
Good investment from sheriff sale
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $238,000
Cash invested: $7,000
3 units and commercial space. bought it at a sheriff sale.