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13 December 2024 | 13 replies
Your major issue in the discussion.
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10 December 2024 | 7 replies
So, in my market the VAST majority of homes an investor will invest in are "older".
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17 December 2024 | 29 replies
I also don't want tenants and their movers hauling major appliances around and banging up doors and walls.I bought most of the washers and dryers used.
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11 December 2024 | 7 replies
For older properties, expect a higher CapEx due to potential issues with major systems like roofing or plumbing.
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4 December 2024 | 25 replies
To celebrate his new book Flipping Framework, he's taking questions from the BP community and answering them here this weekend!!
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17 December 2024 | 22 replies
The Home Inspector report revealed major deficiencies in the rehab and the Home Inspector told me that the rehab was like “putting lipstick on a pig”.
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11 December 2024 | 14 replies
Our STRs are all booked for the holidays majority wise but the one week that is slow across the board is the week post-Thanksgiving.
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9 December 2024 | 5 replies
What are some pros that I can highlight from the seller’s perspective.Here are a few that I’ve come up with:1) monthly income at a higher interest rate;2) avoiding a larger tax bill by reducing the purchase price (on paper);3) a promissory note that they could potentially sell down the road.Any other major ones I am missing?
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15 December 2024 | 18 replies
Solid comment but also adding that 0.90x DSCR is not a hard minimum, a good amount (probably not a majority but not super rare) have "no ratio" DSCR loan programs with no min DSCR
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8 December 2024 | 11 replies
@Aaron Gordon we did the student rentals down here in Narragansett for a long time and the more accurate screening was getting the major.