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7 October 2024 | 4 replies
I found this but I can't understand what the other costs are https://www.narpm.org/members/resources/rent-vs-sell-calculator/SFH current value: $441,000Bought for (2020 new construction): $362,000 (primary residence till Nov 2023)Mortgage balance: $218,000Interest rate: 2.375% for 15-year loan (12 years left)Annual Tax, insurance and HOA: $7,000Current rent: $2950Appreciation: Reached $441K in March 2022 and has stagnated since.
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7 October 2024 | 5 replies
I’ve heard this one mentioned as a good investor resource.
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6 October 2024 | 12 replies
I had a lot of luck with ASI ASI and Safeco early in my journey, and then I stumbled upon a different class of insurance companies that are more geared towards investment properties.My policies are currently underwritten by SES and they have been great to work with and very geared towards the investor.My insurance agent is a sage source of counsel on the subject and I bet he'd be a good resource for you if needed!
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6 October 2024 | 1 reply
BiggerPockets is a great resource for learning and connecting with other investors.
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6 October 2024 | 33 replies
When someone presents to "tap" Private-$ we want to do as little thinking as humanly possible, that's to say the burden is on you the proposed borrower to present a complete, detailed "pitch" outlining the allocation of every cent, contingencies, time-lines, data supporting each action item.
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4 October 2024 | 22 replies
It's human of you to feel guilty and I don't think you need to "just hire a property manager" like the other comments have said.
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4 October 2024 | 6 replies
Private lenders for sure and also joint ventures with other investors to pool money and resources
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5 October 2024 | 7 replies
You'll end up spending countless hours trying to analyze all the numbers, and in the end you still won't know what house to buy.Our grandparents didn't have all these research tools, podcasts, books, and other resources, and they still managed to invest in real estate.
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4 October 2024 | 10 replies
I’m a longtime investor and Realtor from the DC metro area as well- BP is a terrific resource to help you grow both your investment portfolio and better support your investor clients!