
12 September 2024 | 6 replies
I cannot post a link, but if you add "businesscredit" where you would normally type "www" it will take you to my Business Credit application.

12 September 2024 | 9 replies
The three properties referenced above: a) one turns into a mid-term allowing me to get higher than normal rents that cover everything; b) one turns into a short term; c) the third I focus on getting the highest dollar with short fall of may $100 per month and planning to raise rents in the next few years to cover that eventually.Problems: I have been a long time airbnb user.

13 September 2024 | 11 replies
A couple of these say they sit on top of your normal insurance and are in effect only when the house is rented.

9 September 2024 | 5 replies
An approach you might want to take, is to break down each component of the rehab into its own price per sqft/linear foot/units for both materials and for labor.for example you might find that flooring costs and average of $3.50/sqft labor to install + $3.00/sqft for materials X square feet = cost to refloor+ always add an extra 10% for unforseensSo you would just need to do this for every part of the rehab based on what needs to be done and what level of finish you are going for.keep in mind that some things are measured by sqft, like floor, and others are measured by linear foot, like trim, and some are measured by total area, like drywall and paint, and yet others are measured per each like tubs and toilets.A good place to start with figuring costs is The Book On Estimating Rehab Costs by J.

17 September 2024 | 68 replies
As long as their fees are normal for your marketplace, don't focus on the cost of management and the few dollars saved by self-management. 2.

11 September 2024 | 13 replies
For good, long-term tenants we normally stay 3% - 8% below market rents.

10 September 2024 | 14 replies
Hehe @Garrett Brown, yet another one. 500ft view @John Underwood, more like 10k foot view!

12 September 2024 | 15 replies
First, build a solid team, including a contractor, real estate agent, property manager, and lender experienced in BRRRR deals.Don't do normal BRRRR.

10 September 2024 | 7 replies
Get approved for construction loan (This is normally a loan at an 80% LTV, right)3.