Hi everyone, I currently self manage my rentals. The management portion is not that bad but finding maintenance is very challenging. I have used property managers in the past and their maintenance people cost a lot. Finding local maintenance personnel has been very challenging. What have you done...
Question for co-hosts and small managers. When a guest refund, resolution payment or fee adjustment shows up after you've already sent the owner their monthly statement, what do you do? Do you reopen and resend that month, or carry it onto next month's statement with a note? And how do you explai...
I'm interested in buying a rental property but need financing ideas/strategies. The home is selling for $360,000 (which is a discount and a motivated seller, comps are around $420,000 plus) and I would like to use as a long-term rental or possibly a mid/short term rental. The property could rent ...
How do you prefer buying your properties: from wholesalers or directly from sellers? And why? And if directly from sellers, where do you pull your leads from: PropStream, Property Radar or something else?
Planning a rent increase for the new year? The number matters, but the process matters just as much. A few checks before you send anything: Know what covers your home. Check whether California's statewide rent cap or a local city rule applies to your property before you pick a number. Some homes ...
How much does it cost? https://cashflowfinder.ai/ Does it work? Thank you
Move-in day is where a good tenancy gets set — or where the first month of problems starts. We run the same system on every one of our 236 doors in Memphis, mostly single-family, and we don't wing it. Here's the system: 1. The house has to be rent-ready first. We run turnovers on a 21-day schedul...
Posting this for the BiggerPockets Investor Brief. Good replies might end up in Thursday’s edition. Housing authorities have until Feb. 1 to switch voucher inspections over to HUD’s new NSPIRE standards. Some already have. Under the new rules, a dead smoke alarm is a 24-hour fix. Miss that, and t...
On a value-add 1-4, the rehab budget gets most of the attention, but the payment schedule is what protects it. A contractor who is paid ahead of the work has less reason to finish on time. Here is the draw structure I like to set before demo day: Scope first, then schedule. Each draw ties to writ...
How do you guys search for out of state property managers and how do you know they are trustworthy?
I'm looking for perspectives from real estate investors familiar with the greater Houston market, particularly Rosenberg and Fort Bend County. I own a recently built residential property in Rosenberg, TX, and am currently exploring a sale. I'm interested in understanding what investors are priori...
Where are the most active investor forums for the Sacramento area? Most online forums seem like zombie bulletin boards - home service vendor ads, listing agents posting their retail listings, etc. I'm active in Greater Sacramento area, but have been having trouble knowing where to pitch my more u...
Mrs. Bennett purchased a modest three-bedroom house with the intention of turning it into a rental property. The house was structurally sound, conveniently located, and entirely unremarkable. Its greatest advantage was that it required very little work. Mrs. Bennett found this disappointing. She ...
After running Smoky Mountain cabins tests, I ran the same tests on Broken Bow / Hochatown. I went through the Redfin listings, found the ones that state their revenue, and picked 5 across the price range. The revenue is what each listing claims (but I couldn't verify them). My assumptions for the...
Out-of-state owner here (based in California) with two Section 8 single-family rentals in Birmingham, Alabama — one in Birmingham, one in Hueytown. My property manager has not passed through a dollar in about six months, despite collecting the Housing Assistance Payments. The housing authority co...
One thing I would encourage every new investor to think about early is how the property will be legally owned and protected. It's easy to get focused on the purchase price, rental income, financing, and insurance, but the ownership structure matters too. Depending on your goals and circumstances,...
Hey everyone! I’m a Florida-based real estate investor in the Tampa Bay area looking to connect with like-minded individuals interested in building long-term relationships through buy-and-hold rental real estate. A Little About Me I bring over 12 years of real estate industry experience, includin...
Something I keep seeing in deal analysis threads: everyone plugs in 5% or 8% vacancy because that's what the calculator defaults to. But that's a percentage, and what actually hurts is how many days a unit sits empty between tenants. So I try to think in days, not percent. Turnover time is basica...
What is your plan for financing your fix and flips or buying rentals? That seems to be what holds most people back. I'm aware of three options - our business really took off when to changed to the first option There are variations to all of these but in 30 years of flipping what I generally see a...
Hello BP community! I'm new to real estate investing and hoping to purchase my first property in 2027. I'm currently based in Boston but open to opportunities across MA, NH, ME, CT, and NY. Ideally, I'd love to find a 2–3 unit property where I could live in one unit and rent out the others. I'm s...
How much profit do you consider when underwriting fix and flips by price range? I am in Memphis Tn. Memphis has very dynamic market. Meaning, there is a sub 100k market, sub 250k market, 250-400k market, 400-600k market, 700-1m and $1m+ market. While each market operates very differently. as well...
There's a 283-unit apartment complex on the water in Tiburon, California, across the bay from San Francisco. In 2020 the owners borrowed $210 million against it, interest-only, five years. Then rates went up, occupancy slid from about 92% to about 80%, and they signed new leases at lower rents to...
Before my first DSCR loan I thought it worked like a regular mortgage. It doesn't. The lender is not really underwriting me, they are underwriting the property and whether the rent covers the payment. Here is what I wish someone had told me plainly: 1. The rent has to do the work. I run my Memphi...
I’m in Georgia and in the process of getting licensed for Life & Health, with P&C to follow. I work with CRE investors on $750K–$5M acquisitions. If I also help a borrower on the financing side of the same deal, what disclosure do you give before you place their property or key-person coverage? I...
I am a beginner real estate investor looking to do long term rentals in Buffalo, NY. I would like to know which physical areas I should focus on.