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6 February 2025 | 10 replies
I know they say you get what you pay for but I am impressed with this STR PM, and I use Steesa and Innago.
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31 January 2025 | 7 replies
The property owner's tax professional can help them with that and ensure they don't pay taxes twice on the same income.Disclaimer: My advice/opinion in this post is just that, my opinion.
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11 February 2025 | 20 replies
@Aaron Bard- plenty of lenders offer DCSR loans ...contact a few for quotes ...also - dont pay any lenders at the beginning of the process
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16 January 2025 | 40 replies
SFR houses will only appraise based on comps.So unless someone was paying cash you can't get more than they appraise for.The camp ground is a different story.
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22 January 2025 | 0 replies
Purchase price: $125,000 Cash invested: $75,000 Sale price: $248,000 Decent fix and flip completed in 2024.
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21 February 2025 | 12 replies
One of its standout features is the ability to directly link your Airbnb account, as well as the bank accounts you use to receive rental income and pay expenses.Another feature I really appreciate is Baselane’s built-in banking option.
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13 February 2025 | 22 replies
Cash flow is defined as the money left over after paying for all expenses, including setting aside a certain amount to cover projected expenses like maintenance, vacancies, or capital expenditures.EXAMPLE:Property Price: $250,000Down Payment (25%): $62,500Loan Amount: $187,500Interest Rate: 6.5%Loan Term: 30 yearsMonthly Mortgage Payment: $1,185Monthly ExpensesMortgage Payment: $1,185Property Taxes: $250Insurance: $100Maintenance (10% of rent): $250Vacancy and CapEx (20% of rent): $500Rental IncomeMonthly Rent: $2,500Total Expenses: $2,285Cash FlowNet Cash Flow: $215 per month 💰However, there are many other factors to consider.
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22 January 2025 | 0 replies
Duplexes for sale starting at $585,000 with a 3.75% interest rate.
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13 February 2025 | 17 replies
On the other hand, when you design strategically for a specific type of guest, they’ll not only pay your desired rate but also return and recommend your property.I go deeper into this on BiggerPockets Episode 933, but I completely understand if not everyone finds this info relevant.
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22 January 2025 | 1 reply
Purchase price: $341,000 Cash invested: $136,000 Sale price: $519,000 A house that I bought, renovated, and sold.