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26 February 2025 | 5 replies
So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.
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24 February 2025 | 11 replies
Welcome to BP Frank and best of luck investing!
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26 February 2025 | 7 replies
In the winter the gas bill is a lot higher due to heating, but electric is lower.
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22 February 2025 | 48 replies
Investor then can take that property from you and either put it on MLS to get his money back or try to sell to whoever he wants to.
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26 February 2025 | 7 replies
I wouldn’t post your rent for higher and expect someone to try to haggle.
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23 February 2025 | 4 replies
I'd hate to burst the Fix and Flip or BRRR bubble but both are extremely hard to find.
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27 February 2025 | 6 replies
We have a cleaning crew willing to discuss ideas about cleaning the hot tub after each stay, but she cannot do anything with chemicals due to insurance coverage and she is likely not able to stay long enough for the hot tub to be drained as it takes awhile.
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23 February 2025 | 39 replies
I've lifted the ban, you are free to continue to send messages.
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27 February 2025 | 11 replies
If the initial purpose was to flip, waiting a year will not convert the income to capital gains—it remains ordinary income.
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26 February 2025 | 5 replies
I've witnessed many abused and non-abused young women with children who have nowhere to go and no one to guide them.