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22 January 2025 | 13 replies
We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.
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16 January 2025 | 1 reply
Our main carrier policy converts to vacant dwelling policy at completion for duration of term and can be renewed on case by case basis if unfinished or unsold.
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22 January 2025 | 9 replies
For my family investing OOS is a big long term goal (most likely south with mountains), but it's never been the main plan.
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2 February 2025 | 9 replies
Sending threatening communications is not a good way to start a long term relationship with the people who own the home you live in.
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14 January 2025 | 23 replies
Why do you say its bad for the original owner long term?
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17 January 2025 | 4 replies
Hey @Raven Ye Mahar, so you should call the city and make sure but if you are renting it long term, you shouldn't be on the hook for any of the occupancy taxes.Nashville has a STR Occupancy Tax - https://www.nashville.gov/departments/finance/office-treasur...In the end, I would just call the city and get the deets that way.
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20 January 2025 | 14 replies
For example, a property in San Diego may lose $500 per month ($6,000 per year) but gain $60,000 per year in value, making it worthwhile to "lose" money each month in exchange for long-term gains.I recommend you start with BiggerPockets Ultimate Beginners Guide (free).
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13 January 2025 | 8 replies
These should be reflected in the purchase price or negotiated as part of the terms, such as the seller carrying some of the renovation burden.Use seller financing to your advantage by proposing a price closer to $225,000-$250,000 with terms such as 20% down, a low interest rate (4-5%), or interest-only payments for 3-5 years, with a balloon payment once renovations are complete and cash flow stabilizes.If the seller is firm on price, consider negotiating higher down payment terms to reduce the financed amount, paired with interest-only terms or a price reduction tied to renovation milestones.Key questions to address include the condition of the septic system, which can be a significant expense if it fails.
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15 January 2025 | 18 replies
., short-term rental, mid-term rental)?
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19 January 2025 | 4 replies
How Energy-Efficient Windows Can Save You Money" – Educate about long-term savings."