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1 October 2024 | 2 replies
With historical vacancy factored in, that will likely be more like $143,000 rent topline, not including seasonal A/C surcharge revenue, plus about $1,520 in laundry revenue.Expenses: Total operating expenses are running about $59,200, before depreciation or mortgage expense, and not including the offsite property manager role (me doing screening, etc).
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29 September 2024 | 1 reply
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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29 September 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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29 September 2024 | 13 replies
I suppose it could be more of a semantic thing, but seasoned RE investors understand it isn't all about the unit #'s, especially when it comes to section 8.
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27 September 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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29 September 2024 | 8 replies
They are also frowned upon by the title underwriters.These types of investment strategies should only be pursued by seasoned investors that have done them a few dozen times or in close cooperation with a law and title office that knows these systems.Be safe out there guys Alan
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9 October 2024 | 312 replies
Think about if a seasoned syndicator of multifamily is having challenges than what about all the newly trained up syndicators at these workshops that bought marginal properties massaging debt to get investment so they can make money?
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26 September 2024 | 0 replies
Rates have now decreased from averages in the mid-7's to now upper-5's, yet the market has not seen a "speed up" -- likely due to the seasonal swing, and the upcoming election. 2025 should see strong property value growth, with increased inventory, but also increased buyer activity with rates expected to continue downward.
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21 September 2024 | 1 reply
STR hosts, what's your go-to strategy for filling up bookings during slow seasons?
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27 September 2024 | 40 replies
If it's the case that the lender origination/broker fee increased last minute I would not be thrilled.Regarding LTV, are there any seasoning restrictions in play?