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15 November 2024 | 1 reply
Different platforms use varying data sources, algorithms, and criteria for comps, so discrepancies are common.
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21 November 2024 | 12 replies
You do all of your own due diligence on what to offer based on the data.
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17 November 2024 | 16 replies
This is all public data, except for the rentometer estimated rents (which you should expect to mark up for being fully-furnished).
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25 November 2024 | 11 replies
Thank you for the indepth feedback to the original poster.
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22 November 2024 | 4 replies
Originally I wanted to do painted concrete, but that would leave the perimeter sticking up.
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26 November 2024 | 31 replies
In my experience, the cash flow may be substantially reduced (or even become negative taking into account interest rate of original loan and refi closing costs).
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22 November 2024 | 4 replies
Hey Cam, welcome to BP - I'm from Boston originally, happy to connect with you!
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19 November 2024 | 111 replies
Originally posted by @Steve K.
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18 November 2024 | 8 replies
Louisiana is also a very landlord friendly state and that doesn't hurt either.I have been looking at the rental data in New Orleans lately and it seems like there may be a surplus of rentals available, most likely due to the STR rules causing people to switch to regular long-term rentals.
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20 November 2024 | 11 replies
I would give the lender a 1% origination fee and payback the interest on the loan in 2K/monthly payment.