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10 February 2025 | 6 replies
@Ryan Fox some great info here, but while you are correct that a service member assuming a VA loan restores eligibility to the initial veteran, making the deal more attractive, it is not strictly true that a veteran can only have one VA loan.
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8 February 2025 | 12 replies
Bought, that is correct.
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12 February 2025 | 2 replies
Nevertheless, my question is the following: How do I run a proforma correctly so that from a distance I can run numbers and know I have an educated source calculated to make a deal happen and not fall through.
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22 February 2025 | 6 replies
Like any tool, you have to know how to use it correctly or you could get, "injured".We use it to quickly sift through multiple options - and that's about it.BP has a Rental Calculator that includeds everything you are asking about: mortgage P&I, property taqxes, home insurance and percentage for maintenance & vacancy.It also includes Cap-Ex percentage, but in our experience it's a waste of time to worry about this.
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2 February 2025 | 13 replies
But I don't believe this is fully correct.
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14 February 2025 | 8 replies
Once you build it correctly, you can offer it to other investors as a service.
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26 February 2025 | 22 replies
There will be no difference in the rent - unless the TurnKey provider threw in a desparate/bad tenant to get the higher rental amount.With a TurnKey provider, you'll pay more for a property that they have rehabbed, versus hiring your own crews to rehab something.Yes correct.
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5 February 2025 | 2 replies
Hey Zahra,Have a lot of clients working down there and you are correct, it has become a great place for investors.Biggest differentiator that I have seen has been on appraisals after the repair.
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11 February 2025 | 7 replies
If the question had the word "animal(s)" in it, you answered it correctly.
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31 January 2025 | 12 replies
Quote from @Sean O'Keefe: Correct, California is uniqueThis is a rather diplomatic statement, Sean ;)