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17 October 2024 | 16 replies
Would love to learn more about your verification methods, as it’s always good to hear different approaches
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16 October 2024 | 14 replies
Great question and honestly, having a business partner can be both a blessing and a challenge, depending on how you approach it.
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16 October 2024 | 11 replies
There are many REI specialized accountants on this forum who provide bookkeeping and tax services, but all of us have different models of service, different approaches and different prices.
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15 October 2024 | 3 replies
There are pros and cons to this approach but it's one thing that makes REI fun.
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15 October 2024 | 14 replies
Then as units become vacant, then do other renovations.Hi Rick - I love this approach and way of thinking.
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15 October 2024 | 6 replies
Hello BP Community,I have been approached by the holder of a seller-financed note (for a property I purchased from them) asking if I would be able to repay my note earlier than agreed.
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15 October 2024 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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15 October 2024 | 2 replies
I recommend getting around 5-8 quotes to see how each contractor would approach the job.
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15 October 2024 | 8 replies
Hey Jim,If you're still interested...I would suggest a different approach.
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16 October 2024 | 12 replies
It appears that searching for a relevant Facebook group would be a helpful approach.