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23 September 2024 | 6 replies
The warranties always take a lot of time, and you will either end up filing a warranty to find that it is going to take too long and then purchasing something else the same day, or you will end up giving refunds back to guests while you wait on the warranty to be handled.I learned this the hard way when I first got in to rentals.
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20 September 2024 | 23 replies
I'm not the one to promise anything as I am not one of the very talented producers at BP, but please submit your info through the link biggerpockets.com/guest and we keep inquiries on file for the future too!
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23 September 2024 | 13 replies
I'm only building rental cabins which is a higher price point due to their ability to produce income.
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27 September 2024 | 48 replies
On top of that, it's hard to manage a growing portfolio if it's across different markets - something as menial as receipts and documents for tax filing needs to be super organized.
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27 September 2024 | 40 replies
I will say there are a FEW wholesale lenders that are a pain to work with but it comes back to the rep not knowing or the lender taking their sweet time to review a file.
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21 September 2024 | 7 replies
When and if you ever go out of state you'll still have to start and keep filing that pesky FTB 3840 with the state.
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21 September 2024 | 13 replies
Vacation rentals in these mass-produced STR "neighborhoods" are really just a commodity, similar to a hotel room.
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21 September 2024 | 71 replies
We are a capital partner and move like no Lender can move. thats where the great deals are going or at least what i see as its my day job LOLPS in the old days the west coast buyer had to get pre approved by the west coast mortgage lender and that included an appraisal up front so we knew the numbers would work then when rehab was done the mortgage brokers simply had the appraiser do a 442 update and the file closed.
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20 September 2024 | 7 replies
As far as a reasonable fee, I'd say it has to do with the value brought, and product level produced.
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21 September 2024 | 6 replies
Are there deposits on file?