Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Darryl Matthews

Darryl Matthews has started 1 posts and replied 132 times.

Post: Real Estate Broker Transaction Fee?

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49

Admin fees are charged to buyers and sellers at closing. They vary from $150 to probably $700. These fees are charged in addition to any commission that is being collected.

Post: D1 Athlete looking to house hack

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49

1. Pre-approval with a local lender

2. Partner with a investor based agent (Please let me know if you cannot) 

3. Sit down and discuss the buying process with the agent

4. Search, Validate, and Make offers on properties

5. After an offer is accepted go through inspection

6. Appraisal and loan underwriting

7. Close on the property

Post: New Investor Looking for Advice and Referrals

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49

Welcome from Michigan!

Post: Single Family Home using as House hack

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49

Thank you for sharing. Are you renting bedrooms?

Post: Rental Management Software

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49

Buildium
AppFolio 

MRI Software

Post: Value of certain additional bedrooms, baths, garage, etc

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49
Home Improvement ProjectAverage Resale Value % IncreaseAverage $ Resale Increase
1. Add a pool7.3%$22,000
2. Finish a Basement6.6%$22,000
3. Add up to a 3rd Bedroom6.2%$20,000
4. Add a Full Bathroom5.7%$18,000
5. Add Living Space5.3%$17,000
6. Full Kitchen Remodel4.8%$15,000
7. Convert Existing Sq. Ft. to a 2nd or 3rd Bedroom4.3%$14,000
8. Full Bathroom Remodel3.7%$11,000
9. Install Hardwood Flooring3.4%$10,000
10. Add a Half Bathroom2.9%$9,000
11. Add an Attached Garage2.2%$7,000

Post: Starting Up Massachusetts Wholesaling

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49
  1. Research your local market before getting started.
  2. Curate a buyers list for your area.
  3. Secure a financing source that works best for you.
  4. Begin searching for potential wholesaling properties.
  5. Decide whether to sell the contract or work on a double closing.

Post: Cold Calling Sellers Live at 5:00pm CDT!

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49

Thanks for sharing

Post: How to find, fund, buy multi family units

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49

Using an MLS, contacting brokers, and contacting property owners are just a few of the ways to find great multifamily properties. Other methods could include going to meetups, networking on LinkedIn, and finding local real estate investors to mentor you

Post: Does title insurance guarantee you good title?

Darryl Matthews
Posted
  • Real Estate Agent
  • Grand Rapids, MI
  • Posts 143
  • Votes 49

Most title insurance policies cover all the common claims filed against a title, including outstanding liens, back taxes and conflicting wills. Many scenarios can cause a title problem, which can also spoil your legal ownership of a property and make a title “bad,” from code violations to legal complications.