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23 October 2024 | 1 reply
Like many tourist destinations, Dublin suffers from extremely high rents pricing many local residents out and to try and negate that there are a number of rules placed on short term rentals in the city.
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23 October 2024 | 6 replies
(An exception is if you own 5% of the company you work for)Agree, this is a great summary post on REPS with core concepts on how to qualify. .I think the complexity comes in when people have edge cases - it becomes difficult to write a simple short post that educates everyone.
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24 October 2024 | 55 replies
Negative.
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22 October 2024 | 2 replies
Help me get this concept clear in my head, should I BRRRR and build a portfolio of 30 homes or build these one at a time as my other sources of income allow.
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22 October 2024 | 14 replies
This may seem like a naive/juvenile question to someone of experience, and I'm new so here it goes.What positive/negative sides are there to having a lender who isn't local to the area I'm looking to purchase?
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29 October 2024 | 24 replies
We're starting to cash-flow negative but it's been 6 years.
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25 October 2024 | 23 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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23 October 2024 | 11 replies
I mean even Brandon Turner who is so beloved on BP ( and rightfully so) has taken his share of negative comments here on BP.
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23 October 2024 | 4 replies
. - Many are okay and actually understand DIY PM is not for everyone, but there are some that only have negative comments about PMCs.2) Owners & PMCs that promote hiring professionals.- Some PMC members are only here to promote themselves and don't offer much of value.
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22 October 2024 | 15 replies
And this, in my opinion, is where mentorship programs get some negative reviews.