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24 February 2025 | 6 replies
we have two properties under agreement and both are $2M + and VA loans, which i was shocked they go that high, so yeah they are powerful.
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20 February 2025 | 7 replies
Agreed with @Robert Ellis here - Can't go wrong with a Triplex!
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24 February 2025 | 2 replies
So if my taxes and insurance numbers are similar from house to house, then the low-rent houses are not going to have enough revenue to take on more than just a little debt.
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18 February 2025 | 2 replies
If you sell your only overachiever to go with a more leveraged position, you could have 2-3 properties that may cover themselves or even provide a little profit, but when the rental markets shift (and they do), now you have 2-3 properties that all require you to supplement for their shortages.
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17 February 2025 | 10 replies
Personally a big pass for me going forward on funding.
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24 February 2025 | 6 replies
Make sure the buyer will go through with the sale before you worry about the timing.
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9 February 2025 | 47 replies
If you go to the Lease Agreement Forms for your state here: https://get.biggerpockets.com/forms/index/, at checkout, it will give you the option to Upgrade to “Become a Pro annual member for $213 more!
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20 February 2025 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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17 February 2025 | 17 replies
whats the issue if you are the one underwriting the loan and it goes bad it should be quite rare to now want to charge your investors for something they did not do I suspect is going to be stepping over dollars to collect pennies.. taking care of your clients long term is part of doing bizz like Chris mentioned..
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20 February 2025 | 7 replies
Realtors, supposedly the experts) think is a going value at this point in time.