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22 February 2025 | 29 replies
If a policy excludes wind coverage (more common in places like Florida where insurance is severely strained by weather and other market conditions) then all wind related events are excluded.In those cases, it's sometimes possible to purchase a wind policy (usually covers wind & hail) which would provide tornado protection.
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31 January 2025 | 4 replies
., I think there's a lot to building a "community" like feel for your tenants that may include events, giveaways, etc., to get them to engage with you and elevate their living experience.
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14 February 2025 | 4 replies
Running a sort of mini poll:How many users purchase BiggerPockets Pro, and what are some of the features provided that help justify the monthly price point to those of you that have bought it?
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23 February 2025 | 3 replies
It's very likely they saw the inside condition of the unit before you purchased it and they have the right to inspect.
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10 February 2025 | 6 replies
Given your mobility for duty posts you can really ramp up your real estate portfolio while serving.Every time they got stationed somewhere they would purchase a property to live in using their VA and house hack.
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6 February 2025 | 12 replies
Your original purchase is depreciated over 27.5 years.
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18 February 2025 | 3 replies
If you're looking for ways to accelerate, consider these options:Seller Financing – Some sellers may finance a portion of the purchase price, reducing your need for a large down payment.DSCR Loans – These loans focus on property cash flow rather than personal income, often requiring only 15% down.Private Money Lenders – If you can find a PML willing to work with you, you may be able to put less down.Partnerships – If you’re open to splitting profits, you could bring in a partner who funds the down payment.Since you’re okay with the slower path, just keep stacking cash, but these might be worth exploring to move faster!
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26 January 2025 | 12 replies
A good sign of an agent is how much business they are doing on the purchase and sale side.
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7 February 2025 | 17 replies
Sadly, I might have to wait until early 2025 for #5, as my funds have dwindled from purchasing 1-4.
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17 January 2025 | 9 replies
I’m actively seeking to purchase either a multi-family or duplex unit in the Columbus area for a medium rehab project.