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11 October 2024 | 30 replies
I am new to investing and after a few deals that had multiple other offers that I didn't win out; I did execute a purchase agreement last weekend but doing more analysis on the property and potential rates being 7.5%, appears to be very tight to limited cash flow.
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13 October 2024 | 54 replies
(To borrow from a Commercial Real-Estate Term)It keeps our rents a wee-bit lower and thus makes our units easier to rent & more competitive for our rental-brokersAlso, since rents are lower, it's a win for our Tenants who get to pay less in rent.Obviously, our running property costs have gone way, way down.
11 October 2024 | 27 replies
The DSCR loans seem much easier to qualify for, but perhaps there are other loan types out there that are less expensive and also aren't a root canal?
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11 October 2024 | 13 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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10 October 2024 | 6 replies
Located on a gorgeous corner lot, it makes dividing the usage much easier.
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14 October 2024 | 24 replies
Maybe easier on paycheck deductions and taxes.
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10 October 2024 | 2 replies
Instead of leaving equity tied up in the property, you can refinance and put that money to work on your next investment.Advantages:Leverage: You’re using borrowed money to increase your purchasing power.Long-term Wealth: By holding rental properties, you benefit from appreciation, passive income, and tax advantages.Scalability: The ability to keep reinvesting capital makes it easier to scale compared to traditional buy-and-hold methods.Is BRRR Right for You?
10 October 2024 | 0 replies
Those expenses are crucial in determining your overall rental income and the amount calculated into a child support payment.This post originally appeared on the BiggerPockets blog.
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8 October 2024 | 2 replies
@McKinly SpringerThis did not bond as they didn’t prep the floor properly nor was this done properlyIt does not appear they even used a self leveling material like ardexTo me this appears all of it needs to be ripped out and redone properly
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9 October 2024 | 11 replies
Once you get one estimate, you can have an easier time ball parking for other deals.