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28 January 2025 | 11 replies
You can not do a pet deposit unless your security deposit is less then 1 months rent.
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25 February 2025 | 23 replies
I hired a GC to do it so they covered the entire scope of work. project was supposed to take 1-1.5 months but ended up taking closer to 2.5 months.
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19 February 2025 | 20 replies
It has been listed for 3 months versus say 2 years.
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26 February 2025 | 21 replies
Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.
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29 January 2025 | 8 replies
$100 a month is not enough for a duplex depending on age.how well do you know this market?
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3 February 2025 | 15 replies
Connect with lenders and brokers, see what rates are out there, underwrite the deal and see if it makes sense after debt service.
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8 February 2025 | 4 replies
I was just googling today and saw a BP podcast 1,000 episode, from about 6 months ago.Some of the poster taglines mention they were a guest on Podcast 2xx as an example.
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6 February 2025 | 2 replies
Construction could take a year, with permits stretching up to 15 months, a timeline that’s still attractive given the return potential.For developers seeking even bigger returns, a lot split project might be the way to go.
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14 February 2025 | 12 replies
This eliminates ALL the interest on that property, and uses the monthly payments you were making on it to help reduce the debt on the other quicker.
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14 February 2025 | 1 reply
I am thirty-nine years old, married going on six years, and my wife and I have a 14-month-old.