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12 September 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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11 September 2024 | 20 replies
Operators that are open and able to offer combined usages for slower seasons, such as mid term discounted extended stay rates in the winter, can improve lower estimated production in the off-seasons.
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15 September 2024 | 38 replies
Having a good broker that can tailor the loan to your specific situation is better because they will weed out the lenders that may not go down to your loan amount or may require seasoning of funds or may not allow short term rentals etc...
11 September 2024 | 8 replies
Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.
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13 September 2024 | 20 replies
One of the best pieces of advice I heard years ago on a podcast was from a gentleman worth $100+ million.
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11 September 2024 | 2 replies
As a result, many condo associations are raising dues and issuing special assessments to cover these costs.Impact and Solutions:The combination of new regulations and rising costs is creating a financial strain on many condo owners, especially those in older buildings.
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15 September 2024 | 61 replies
@Maciej G can you install a larger BTU unit in window or there are floor size units I see in older homes or mini-splits?
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11 September 2024 | 7 replies
Hello, we are an Investor in a 260 unit older multi family complex in the Atlanta area.
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11 September 2024 | 2 replies
I am all ears to what everyone has to say I am ready to absorb knowledge from everyone who is well seasoned.
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7 September 2024 | 4 replies
I have an unfurnished property in Florida that needs to be furnished and ready to go for seasonal rentals for 3-9 month rental periods.