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8 November 2024 | 31 replies
They are willing to pay a few hundred dollars above market rents and would have essentially 0% vacancy since the sober living company would be on the hook for the lease, not the sober living tenants.
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6 November 2024 | 22 replies
Hey @Raif HarrisTo get a solid sense of occupancy rates, look into tools like AirDNA or Mashvisor, which offer specific short-term rental data, including occupancy and average daily rates for different areas.
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1 November 2024 | 19 replies
I know there are partial buyers in this group.Note & Mortgage Investing Made Simple - Matt Kelley is the admin, he's a lawyer out of CACreating Wealth Simplified through Note Investing - This is Chris Seveney's groupNote Investing Tools Members - This is run by Tracey Z and Fred Rewey...you might need to be in their network to join.
1 November 2024 | 1 reply
@Mario CastellanosBIG assumption but if accurate it means the property is under water meaning they owe more money on the property than it is worthThey would not be able to sell it without lender permission essentially.
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2 November 2024 | 4 replies
The right advisor can help align your investments with your long-term goals and ensure all parts of your financial life work together.Since you’re in Canada, I’m not able to help directly, but I recommend starting with BiggerPockets’ search tool to find a real estate-competent advisor who may be able to serve you: BiggerPockets Advisor FinderIt’s great that you’re starting here on the BP forums, as this community tends to have good insights and referrals.
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31 October 2024 | 10 replies
Quote from @James Brand: Not having issues, but since Stessa ultimately is the tool I use to manage my books it seems like a natural connection would be an accountant familiar with the tool.
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4 November 2024 | 14 replies
Make sure it is somewhere easily accessible that doesn’t require any tools to turn off.
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3 November 2024 | 8 replies
Essentially it sounds like Ziprent has just been a manager you've found that's willing to do so.
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1 November 2024 | 8 replies
Use those tools they will play nicely in this industry as well.If you ever want a Hard Money tutorial or tips on markets or how to identify a good project then just PM me.
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1 November 2024 | 7 replies
This is definitely a nice tool to have if you want to use it to buy a new property in all cash, but keep in mind that you'll need some type of takeout loan after the purchase to payoff the Heloc.