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18 December 2024 | 4 replies
,Buying, renovating, and selling is a great strategy, but here are a few things to consider:Start with the Numbers: Make sure you know your ARV (After Repair Value) and work backward to calculate your budget, including purchase, renovation, holding, and selling costs.Financing Blindspots: Even if you’re buying in cash, plan for potential delays or overruns in renovation costs.
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20 December 2024 | 18 replies
For future tenants I would include in lease verbiage around listing property for rent prior to them moving out so you have time to market the property.
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18 December 2024 | 8 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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13 December 2024 | 9 replies
Bigger Pockets is a great place to be, whether you're a seasoned investor or brand new to the REI world.
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19 December 2024 | 15 replies
Highlights:* no prepay on 12 mo bridge* 6 months guaranteed interest on a 24 month bridgeThese are interest only loans and the DSCR calculation isn’t a factor in the lending decision.Compare the cost of your lower interest rate DSCR loan, including PPP versus what the bridge would cost at a higher interest rate and no or minimal PPP.PPP=pre payment penalty :)
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10 December 2024 | 16 replies
Replaced both toilets with brand new ones, replaced the 2 car- garage door with a brand new one, had all the walls freshly painted, put brand new baseboards in, and had the kitchen cabinets painted as well.
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9 December 2024 | 3 replies
HI we are Canadians investing in the us we invest in Detroit and toledo where we have great teams on the ground including trusted property managers who take great care of our properties.
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17 December 2024 | 13 replies
Investing in real estate, particularly through avenues like foreclosures and tax sales, indeed requires a solid understanding of multiple aspects, including legal considerations.
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17 December 2024 | 5 replies
The Phila.gov website says this is needed to get your wholesaler license:InsuranceYou must provide a Certificate of Insurance that includes the minimum amount:General Liability Insurance: $1,000,000 per occurrence
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10 December 2024 | 8 replies
Property details: 3 bed 2 bath both sides with attached garages, aluminum siding, copper plumbing, 1972 construction, separately metered, all electric water heater, range, dryer, public water and public sewer on a slab foundation in a great school district right next to brand new construction everywhere.