
19 November 2024 | 6 replies
Also, have you made any significant alterations to the property or if it were put on the market today, would it be indistinguishable from a standard 4-bedoom house (are there any extra walls for the SRO, constructed locks/barriers etc.)If its a standard SFR and the leases are very short term - there is a path that you could refinance this with a DSCR as basically a Short Term Rental and then potentially change strategic course back to SRO if needed at a later date

17 November 2024 | 30 replies
I wrote a long post about the basics of depreciation if you want to understand it better:https://www.biggerpockets.com/forums/51/topics/1121063-expla...2.

15 November 2024 | 18 replies
However, most lenders have no desire to deal with that which is why they work with experienced and proven investors they are confident will drive the project to its finish.

17 November 2024 | 8 replies
They may ask for a basic LOE but that's if they are really nit picky.

14 November 2024 | 30 replies
We did visit Boise earlier this year (its driving distance from my inlaws which makes it nice) and really liked it there too.
15 November 2024 | 4 replies
Try driving for dollars, networking with brokers, and direct mail or cold calling for off-market leads.

13 November 2024 | 4 replies
Quote from @Jonathan Greene: I like DealMachine because they have skiptracing including in Pro now, but I still think of it more for neighborhood canvassing and mailing (aka driving for dollars) than multifamily acquisition opportunities.

18 November 2024 | 24 replies
Or if you're willing to hustle, you can try door-knocking and driving around and looking for FSBOs.

18 November 2024 | 14 replies
My cleaners have the basic resupply built into their costs which means guest is paying for the consumables.

16 November 2024 | 6 replies
Focusing on the foundational basics and your operations is more important long term.