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4 November 2024 | 1 reply
Historical data shows housing prices have averaged 4.84% growth during election years since 1987, but the specific policies of each candidate could significantly influence future market dynamics.Vice President Harris will likely focus on supply-side solutions, representing a continuation of Biden administration policies, emphasizes affordable housing expansion through several key initiatives:1.
4 November 2024 | 11 replies
This is is a very good area and would actually live in 1 unit, so 3-4k negative cash flow for living expenses is ok, as any house w mortgage would cost that.https://docs.google.com/spreadsheets/d/1tfbjOlyVsGW3nHLVPk_R...Key questions/assumptions:- Total for this deal in cash is 300k, anything else (reserves, renovation loan etc) would need to be a bridge loan or hard money- 1 unit is vacant and current rents are VERY under market, projected rent is what seller gave as realistic.
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4 November 2024 | 8 replies
Once you accumulate a good amount of knowledge, the key at that point is to move from learning towards taking action.
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7 November 2024 | 16 replies
If the owner isn’t interested in a cash sale, the agent can then provide a Comparative Market Analysis (CMA) and discuss the benefits of listing the property on the MLS.A key point to remember: You do not need to sign a listing agreement with that agent just to receive a cash offer.
3 November 2024 | 0 replies
One of the key lessons I learned was the importance of thorough due diligence.
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5 November 2024 | 52 replies
Even better, I've also closed deals from referrals that originated from those BP leads.In my opinion, there are a few key things you need to make this program work effectively:Be Active on BP: The leads do their research, and they'll check out your posts and interactions on the platform.
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4 November 2024 | 9 replies
Communication is always key.
3 November 2024 | 0 replies
One of the key lessons I learned was the importance of thorough due diligence.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1989548/small_1697086867-avatar-andrewl522.jpg?twic=v1/output=image&v=2)
4 November 2024 | 7 replies
Flexibility on loan duration and amortization would also be key for long-term holds.