5 October 2024 | 5 replies
For those of you that do an online application or furthermore just a simple "form" that is completed online, how do you go about acquiring and subsequently providing proof of obtaining such authorization without a signature?
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1 October 2024 | 5 replies
There are some HVAC companies that unless they design the system and it's newer than 5 years, they recommend a whole new system.
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3 October 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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4 October 2024 | 2 replies
So, $5k/$20k = 25% return on your investment.This is a very simple example that ignores the rental income vs any mortgage payment (taxes & insurance, etc. would be the same in both examples).To increase cashflow, you would also want to take the lower payment of a 30-year mortgage vs 15-year.Regarding the purchase:1) Require the seller to have tenants sign a MTM lease or vacate before closing.
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5 October 2024 | 5 replies
As long as the rents are equal to or greater than the mortgage payment it’s a simple loan to get approved.
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2 October 2024 | 2 replies
Big Money investors buying all kinds of property south of downtown and West of downtown in design district.
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4 October 2024 | 5 replies
You can usually find some events by doing a simple google search.
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4 October 2024 | 4 replies
I’m looking at a simple point-in-time matrix based purely on cash flow return.
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4 October 2024 | 9 replies
Regs can run the gamut: STR licenses are unlimited and available immediately with no restrictions, STRs can only be rented so many nights/ stays a year, STRs can only be in designated areas, the number of STRs are capped and there is a waitlist for a license.As others have mentioned, typically an unregulated STR will have more revenue than a LTR, but it will require more consistent work and effort.