
3 October 2024 | 6 replies
@Irene Morgovsky what you are experiencing is that rents do NOT increase linearly with property values.Or look at it another way, the pool of renters that can afford higher & higher rents, shrinks faster than a corresponding pool of buyers.You could look into making it a short-term rental to try to improve rental income, but:1) Is it allowed in that area2) STR rates are coming downYou may have to accept "negative income" or sell.

2 October 2024 | 2 replies
If I/we had started buying investment properties (even 1 a decade) it would greatly have improved our financial wellbeing.Learn from my regret

2 October 2024 | 4 replies
The main issues are: 1. gross revenue has been less than half the projections the PM initially provided and what is on AirDNA, and 2. gross revenue has dropped 30% from last year to this year despite me investing over $125K in improvements (new pool, new fire pit, new landscaping, new dog yard).

2 October 2024 | 4 replies
Essentially, there must be a paid parking footprint in the area already.The ideal asset would cashflow from day one with the ability to add value via technology, operations improvements, and/or NN lease addition (or renegotiation).

4 October 2024 | 17 replies
Even though they planned to refi after five years, the seller financing did not require it, it was a 30 year term.Overall I think I did a decent job of evaluating the property (still some room for improvement there), but not the people.

2 October 2024 | 9 replies
This helps break down the purchase price between the land, the trailers (which may qualify as personal property), and any improvements like utility hookups.

1 October 2024 | 8 replies
Realtor says another deal fell through because it didn't fit their needs for an event location.We'd be coming in with 20% and look at about $10k in initial improvements.

7 October 2024 | 190 replies
One visionary comes up with the idea and creates an ingenious product, but later generations will always have the advantage of hindsight and trial-studies from which they can improve their design.It's very difficult to say where the whole space will go.

7 October 2024 | 35 replies
If you're hesitant about our services, you can DM me on BiggerPockets here and I'd be happy to chat.Thank you, and I welcome feedback from anyone via a DM if they have ideas on how we can improve our service and provide genuine value to landlords and renters.One rent is a scam everything you said IS NOT TRUE, we are still waiting for the money onerent has to pay us.