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20 December 2024 | 1 reply
I was able to see those for you here https://www.biggerpockets.com/analysis/rentals If you can't see those feel free to email [email protected] with your browser and a bit more information about where you are seeing the issue
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5 January 2025 | 39 replies
Somethings it even more expensive than buying a new construction in a class A neighborhood.The turnkey investments are not always the best option for every investor especially if you are just getting started and low on cash or you don't have reserve/emergency funds to deal with issues like maintenance and vacancies.
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30 December 2024 | 7 replies
Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..
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27 December 2024 | 12 replies
However, you may not need to do this if you can discuss the issue with previous landlords.
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19 December 2024 | 2 replies
The seller is not very tech savvy and is going through some life issues so he isn't being very helpful in this.
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22 December 2024 | 3 replies
Major issues are lack of parking, lack of elevators, leading to numerous unlived in units.
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22 December 2024 | 2 replies
It sounds like the issue is with the Debt Service Coverage Ratio (DSCR), which lenders often use to determine how much they’re willing to loan.
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19 December 2024 | 7 replies
Anyone else having issues?
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15 December 2024 | 12 replies
Either1) your startup takes off and you can distribute profit fast enough to pay off your debts, or2) you find another source of $100,000 a year (which barely even starts to pay down the $300k, but might provide a better chance for a better loan), or3) you BK and possibly lose the rental houses to creditors (hopefully not, but we don’t know how they are held), or 4) you sell the houses, take the tax hit, work with the IRS on a payment plan whose interest will be much lower than your CCs, and focus on the startup.
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21 December 2024 | 3 replies
Period.I love my family, BUT the stories of issue with family doing business with family are ubiquitous.I hope all goes smooth for you and everyone is happy, BUT......My 2 cents,Mike