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16 December 2024 | 8 replies
I've been lurking on BP for about a month, so I have a rough idea of the regular newbie steps which I will try to address below.
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11 December 2024 | 12 replies
Depends on really what you are looking for:-Speed - some HMLS can go "no appraisal" so can close very quickly and beat cash offers if you are in a competitive market to buy-Interest Rates - can range anywhere from around 8% to 13% (same with "points") but not usually as huge of a concern for flippers since the terms are so short-Leverage - depending on your risk appetite / capital - this is also a top concern for some (almost always over and above rates/fees) can see anywhere from around 80% LTC to even mid 90s LTC (including 100% of rehab budget)
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9 December 2024 | 9 replies
I'm looking into purchasing a rental property in the Belmont area of Dayton, OH and wanted to get any insight for this market as it seems concerning that the average rent is higher compared to the actual costs of houses in the area.
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6 December 2024 | 2 replies
Professional staging, virtual tours, and high-quality photos can help them envision how the space fits their lifestyle, whether it’s for entertaining, work, or family.To overcome the “biggest house in the neighborhood” concern, shift the focus to its uniqueness and lifestyle potential.
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13 December 2024 | 16 replies
Its a possibility but would need some more infoWhat is the pad rental income only along with the other items below which I need for pricing.Property Address (so I can view the property and confirm that it isn’t rural):Your Approximate Credit Score:If occupied by tenant(s) what is monthly or annual income:If you like you can PM me too.Thanks
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15 December 2024 | 38 replies
That's the situation I am trying to address.
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11 December 2024 | 6 replies
- Legal and Regulatory Concerns: Are there any local laws or regulations in Fredericksburg, Virginia, that I should be aware of regarding pets in rental properties?
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10 December 2024 | 14 replies
I know that my COC my be lower, etc but my main concern since its my first property is being cash flow positive.
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18 December 2024 | 45 replies
Depending on where it is, your biggest concern should be will the new furnace, AC and hot water tank will still be there after you close.
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9 December 2024 | 2 replies
I have a clause in the lease that says the security deposit will be held in so and so bank with so and so address and interest rate will be xyz.