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17 December 2024 | 16 replies
I can find properties that likely can result in a full investment extraction, but after the max LTV refi the property is large cash flow negative.
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11 December 2024 | 2 replies
It was written before the days of YouTube, so it's not full of the common nonsense where authors sell a course, send you to their website for downloads, or write a follow-up with additional "secrets" they forgot to put in the first book.Long-Distance Real Estate Investing by David Greene was another good one.
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10 December 2024 | 6 replies
I recommend a full inspection before occupancy, at least one per year, and a full inspection after they move out.
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11 December 2024 | 11 replies
We do full renovations, baths, kitchens, small jobs big jobs - all the jobs!
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12 December 2024 | 6 replies
Seasoned investors using commercial DSCR loans for the refi are typically completing full BRRR's in 3-6 months.
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11 December 2024 | 15 replies
Nice try, but no cigar.3rd warning: only paid stays count, and only full-price stays, not discounted favors for friends and family.
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16 December 2024 | 18 replies
Furnished Finder does make it tricky since you need separate profiles for each room, but platforms like Apartments.com or Airbnb might work better if you're aiming for full-house rentals or structured by-the-room arrangements.If you decide to rent to multiple individuals:Tenant Screening: Screen each tenant thoroughly to ensure they’re reliable and responsible.Clear Communication: Introduce potential tenants to one another Detailed Agreements: Use separate leases for each tenant and specify shared vs. private spaces, utilities, and maintenance responsibilities.House Rules: Create clear, written house rules to prevent misunderstandings.Inventory Tracking: Document everything in the home (furniture, appliances, etc.) to avoid disputes about damage or missing items.Also, market your property with its flexibility in mind—like proximity to hospitals for traveling nurses or universities for graduate students.
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10 December 2024 | 9 replies
Welcome to the forum @Chris Primavera.Seeing as you are brand new today, it would be good for you to search on the forum for those areas and read everything there is about those markets.Grab @Avery Carls book Short Term Rentals Long Term Wealth and read it. https://store.biggerpockets.com/products/short-term-rental-l...It is chock full of info that you need.
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13 December 2024 | 24 replies
I want to start to build my portfolio to a point that I can jump into real estate sales full time but still have some cash flow I can rely on.
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10 December 2024 | 16 replies
If you have two full baths it will appeal more to this group.The downside in Phoenix to a MTR is I am not sure you would get summer occupancy if you aren't the top location.