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17 December 2024 | 16 replies
Some of the best BRRRR deals I have seen play out this way:You buy a home cheap enough that when you do a renovation and pull out 75-80% LTV, your rent covers your mortgage and you have returned most of your investmentThis is for A-B class areas.
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17 December 2024 | 14 replies
They can cover up to 90% of the purchase price and 100% of rehab costs, making them ideal for BRRRR projects[1].
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7 December 2024 | 33 replies
That way if you have vacancy in one unit, you still have the other that can at least cover some or all of your expenses.
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14 December 2024 | 12 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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15 December 2024 | 15 replies
I'm an authorized reseller for Generali (for our guests that book off-platform) and it's something like $59 for the guest, and you can buy it on their behalf, but I'm not sure that it covers chargebacks.
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18 December 2024 | 45 replies
@Nathan Frost lot to cover, please DM to schedule chat!
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4 December 2024 | 2 replies
All state said they cover cash value for properties built prior to 1940, drewlling comes out less than half of asking price.
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13 December 2024 | 2 replies
That is assuming your DTI can cover the increased mortgage payment.If you have use for that extra $100k that you would get back right now then don’t wait.
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12 December 2024 | 19 replies
The covered majority of the lost rent.
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8 December 2024 | 2 replies
I needed to do a minor variance, which wasn't as bad as I thought it'd be and my architect did most of the heavy lifting.