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29 July 2024 | 21 replies
You do not need batteries unless you're out in the middle of nowhere.Check out the net metering for your utility in doing your calculations.
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29 July 2024 | 2 replies
Purchase : $130k (triplex)ARV: $160kRent: $1,740, excluding utilities What made you interested in investing in this type of deal?
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31 July 2024 | 19 replies
The valuations on them appear to be completely arbitrary and in many instances the company seem randomly selectedWe had one recently from someone else who provided the opinion and the comps were 7 miles away and from another jurisdiction - whereas this property while in a more rural area had considerable sales that could have been used.If you use them to get an idea for property condition I find them to have some value but since they have no interior inspection reports, they are at best just a random guess of the value which could be off by 100%If you think residential BPOs are useless, you should familiarize yourself with BPOs on commercial property…..First, I’ve NEVER seen a BPO on commercial property that utilizes the income capitalization or cost approach.
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30 July 2024 | 4 replies
I am looking to expand my portfolio whether in long-term rentals, STRs, flips, etc with a partner in order to better utilize funding, etc.
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29 July 2024 | 13 replies
Besides wear and tear on the building and furnishings, remember with MTR you are paying for all utilities, internet, and lawn care, unlike LTRs.
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29 July 2024 | 11 replies
IE - pet rent, parking fee, utility reimbursement fee, storage fees, etc.
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28 July 2024 | 5 replies
After that, they have to pay rent, utilities, and other costs even if they aren't going to occupy for another month.
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29 July 2024 | 0 replies
Utilizing Kim's local market expertise, we quickly assessed the property's potential.
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29 July 2024 | 0 replies
Utilizing Seth's local market expertise, we quickly assessed the property's potential.
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30 July 2024 | 19 replies
The key here is to have a plan to pay that loan back.I did this by utilizing the typical BRRRR method on homes in Detroit.