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17 January 2025 | 4 replies
He uses poorly thought through methods, I've listened to his "methods", Thus, he has the high amount of Due On Sale called in a short period of time.
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20 January 2025 | 11 replies
I would highly recommend you create an LP agreement.
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13 January 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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12 January 2025 | 8 replies
If prices are too high people will just go elsewhere.
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22 January 2025 | 31 replies
I talk to so many people who regret not getting a PM up front because they are having problems or high eviction rates doing it alone.
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13 January 2025 | 11 replies
Most of these folks don't want to lose their voucher.Additional issue, when rent is too high, it slows down leasing.
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11 January 2025 | 15 replies
we are pretty high that is for sure.
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12 January 2025 | 25 replies
I use standard market PM rates in my underwriting, but I also would not work for those rates but it is fair compensation for the work.I typically use vacancy of 5% not because I have ever had a unit that had that high vacancy but I do not have a no payment category and I want the underwriting to be conservativeon the opposite, your rate is a bit high and your appreciation rate and rent growth are modest.overall, seems like a decent attempt at an analysis.
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20 January 2025 | 31 replies
I would highly recommend sticking to the 30 year option or not doing it at all.
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13 January 2025 | 13 replies
90% is pretty high.