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16 November 2024 | 32 replies
No other contibutions and for sure post count does influence others who relate it to credibility.
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16 November 2024 | 3 replies
I just had to fight tooth and nail to close a VA condo purchase for a client with a POA that was actually fairly well run, relatively speaking.
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14 November 2024 | 5 replies
Auction Sites or Distressed Property Listings: Sites like Auction.com or Hubzu sometimes list properties that need work but are in decent locations and within budget.Given your experience with renovations and your budget, exploring these options might get you closer to what you're looking for without having to compromise on property age or potential renovation challenges.
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19 November 2024 | 14 replies
.- Insurance: Short-term rental insurance (beyond renters') can protect you from guest-related risks.- Licensing or Permits: Check if your area requires permits, as some cities have fees for short-term rental operators.Breakeven Analysis: To calculate your breakeven occupancy rate, add all monthly expenses (rent, utilities, cleaning, insurance, etc.).
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13 November 2024 | 7 replies
Recently acquired a fantastic property in a great neighborhood as a "fix-n-flip" however due the properties age and value I've not been able to find anyone to insure the vacant property while my crew does the restoration work.
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17 November 2024 | 30 replies
Hi David - You can deduct all expenses (including depreciation) related to your rental property.
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19 November 2024 | 6 replies
There are a few DSCR lenders that will allow you to operate a rent by the room strategy as long as the strategy makes sense, and no one related to you is one of the tenants.
11 November 2024 | 4 replies
Hi Bigger Pockets, I have successfully flipped 12 homes in North Carolina sight unseen while living abroad. Now that I am retired, I am eager to: 1) Gain hands-on experience in flipping homes in Florida, 2) Find prope...
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15 November 2024 | 4 replies
As it relates back to #1, what problem are they solving?
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5 November 2024 | 3 replies
Many investors see no "hard line" on age as long as there’s strong cash flow and maintenance is manageable, but ensuring you’re prepared for any age-related quirks is essential.