Ross Hayes
General Rehab Estimates
HelloDo you have any general price per square foot (or other measures) that you use for general light work?I’m defining general light work as plank flooring, painting, minor electrical, etc..For example - is it fair t...
Jorge Abreu
Evaluating Property Managers
First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies. I care about collections, not just bodies in the building. Many property manage...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Jeremy Sanders
Performing Notes
I have a few questions in regards to purchasing a Performing Note, What does UPB stand for? It is a percentage down on the actual asking price of the Performing Note? Also if a percentage is not being requested, ar...
Chris Fritz-Grice
Life Insurance Loan affecting DTI
Hey everyone! Just bought my first property in May and looking to get into the next one soon and my question is: If I have my money in a Whole Life insurance policy and borrow against that for a down payment would tha...
Account Closed
Tax Downsides to Paying Off a Mortgage
Hello everyone! My name is Jesse and I am a new investor. I am about to close on my first property on march 22nd (tuesday!). It is a $250000 2 bedroom condo in the NY metro area. I will be renting this apartment out a...
Scott Trench
Help Me Understand the Fed's Most Recent Rate Hike?
Up until now, I've been cheering the Fed on, grateful that Jerome Powell took his lumps for the way too easy money policies in late 2021, and cranked hard on interest rates to beat inflation. I think in 2022, this Fed...
Mike Allison
Biggest Mistake You've Made on a Multi-Family....
Hello Bigger Pockets Community!Just starting out in educating myself on the real estate investment world - there is a lot to learn and I am doing all I can to catch up quickly... Of course you hear a lot about people'...
Brian Beadle
Do you own your property management company?
It seems like a natural succession for a large multifamily unit owner to also own their property management company. Agree or disagree? Why?
Andre Herrera
Investor in San Diego
I am currently flipping 50 homes a year and am looking for new investors wanting to learn the ropes. We have a profitable system in place and have one opening per week for one-on-one hands on training. We will show y...