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19 June 2022 | 8 replies
Appeals that get answered in under 100 days only get denied 11% of the time (1/3 of average). 100-200 days is twice that at a 22% denial rate. 200-300 days is 31%.I've published the data analysis if you want to filter for permit appeals in other categories (building additions, combining lots, new buildings, etc).It seems to me like it's a huge pain to go through the variance process.
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27 June 2022 | 10 replies
If i flip a house in under one year thats short term cap gains correct?
1 December 2021 | 18 replies
No DTI, taxes, or employment.The time it will take to close will also be reduced, typically these loans can be closed in under 30 days.
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29 November 2021 | 0 replies
Came in under reno budget, ARV higher than projected, and excellent lease terms!
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30 November 2021 | 11 replies
@Marquis Harris I think the three main ones these days are Craigslist, Zillow, and Facebook.If you're asking a reasonable rent, you will be inundated with responses - I strongly recommend you have (or quickly develop) screening systems to handle the volume of inquiries you will receive.There are a lot of resources for tenant screening here on Bigger Pockets so you should find everything you need if you spend the time researching the topic.
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27 August 2021 | 7 replies
This came in under their max of $82.5k they would lend me, so the deal worked.It was a small local bank, which meant 0 points, 5% interest, and a loan that would convert to a regular mortgage when the rehab was complete, so no need to refinance out after the rehab, and therefore no 2 sets of closing costs.
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6 August 2021 | 3 replies
It rented out in under a week for 850 a month and luckily i followed some good advice on tenant screening so i’ve had a rockstar tenant who loves the place and pays on time every month with very few complaints.
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9 August 2021 | 33 replies
I suggest kwikset smart key you can change the key in under a minute.
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14 August 2021 | 9 replies
You said they estimated 3.68 days, but 1.68 days for the labor and then they finished in under 3 days.
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2 January 2021 | 3 replies
Even a dumb guy like me can amas a small fortune in under a decade.