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29 August 2024 | 3 replies
I tend to make everything chess as a local chess champion and in the way I think.Thanks again for your insight.
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29 August 2024 | 5 replies
I’ve defended myself many times, and they tend to be more flexible when you're the new owner of the property.
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29 August 2024 | 16 replies
Typically they want 1 or 2 bedrooms.Next is to look at furnished finder or list it on airbnb (let me know if you want to use my airbnb referral link, you make $40 extra and I can guide you through the process) but get a rental number and see if that works for you vs renting out long termIf it makes sense, get some good decorations and get professional pictures and you'll be on your way!
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29 August 2024 | 9 replies
I tend to take my property off market "hold" during slow times for some painting, other small updates and would never consider it as occupied.
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29 August 2024 | 4 replies
I could move that equity into other projects, including properties that would rent for more efficient rates (rentals in the 3/2 to 4/2 2000sf range here tend to go for about $2200-2400/mo).
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29 August 2024 | 4 replies
The best markets have been saturated for years (Airbnb/STR got way to trendy) and locals tend to hate them so additional LTR units will be welcomed.
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27 August 2024 | 4 replies
@Gp G.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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28 August 2024 | 7 replies
@Chris Clothier yes we are seeing residents be less mobile recently as well (we manage 1000 doors in OKC Metro) as long as the owners keep the increase under 10% they tend to stay and renew.
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30 August 2024 | 6 replies
While DSCR loans tend to have interest rates a bit higher (generally 0.75% to 1%) than the other two options, which can challenge cash flow, this comes with some advantages that are uniquely suited to the BRRRR method.
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28 August 2024 | 1 reply
If you need to secure a property quickly, or if you are doing renovations that can be completed within a year then you are better off using hard money or private lending options as they've got quicker close times and tend to be more investor friendly.