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3 February 2025 | 56 replies
regarding roofs pray for hail storms and then replace .. in those type assets that are really priced for cash flow.. values will rise only when rents rise.. as non of them will ever go owner occ.. at least that is generally what happens with this type of housing.. the value play is the tenant pays off your home and your home generates enough cash flow to break even at best and feed it a little bit over time.. then at the end of your mortgage term 30 years you now have say 2 mil of paid for assets the real money is made on these assets cash flow wise ONLY if you pay cash IMHO
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4 January 2025 | 11 replies
@Sean Gallagher check the RBP addendum there is usually a clause saying if the property sells that the RBP can be canceled and the services are no longer provided and the charges don't have to be paid.
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7 January 2025 | 28 replies
With my LTRs I have been switching to all tenant paid utilities after my first winter where I discovered the majority of my tenants were setting the heat at 78 (which is unreasonable in Northern New Hampshire) and leaving their windows open in -20 degree weather.
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19 January 2025 | 55 replies
Its dashboard is so cluttered, it hard to see who has paid and who hasn't.
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30 December 2024 | 10 replies
Requires some pre-planning if the ceiling height exists.
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2 January 2025 | 2 replies
So, if your property has all bills paid by the tenant, you will deduct from the voucher amount the set amount by bedroom count for items like water, electric, gas, etc.
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15 January 2025 | 49 replies
I signed up for the paid version of Stessa through biggerpockets only to encounter flaws in their software, connection issues that have been ongoing for 10+ months, and basic feature missing that leave me dumbfounded.
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3 January 2025 | 3 replies
I paid a flat fee of $400 to get a sales contract drawn up.
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29 December 2024 | 8 replies
Quote from @John Teachout: Title work is typically done as part of the pre-closing paperwork.
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31 December 2024 | 9 replies
Here's a good article about current inventory versus pre-Covid.