Ahshar Sylvestre
Open code violation list
23 December 2024 | 15 replies
I like to look for board orders, excessive fines for weeds/grass, stop orders, and unsecured premises.
Adonis Williams
Inquiry: Mortgage Interest Rate with Point Buy Down
14 January 2025 | 6 replies
@Adonis Williams, you've received great comments: It depends on so many things, including FICO, LTV, type of loan, etc.
Jennifer McCurrach
Need a PM in Cincinnati
2 January 2025 | 6 replies
However generally from working with 2-3 other PMs in the west coast, I am 100% fine paying more of a premium each month for a PM that is transparent and is able to give more time to communication.
Brett Riemensnider
First Time Landlord - Tenant Placement In Minneapolis Area
13 January 2025 | 6 replies
If you accidentally use some wrong words, it could be a significant fine.
Jean Romelus Lisma
New member Introduction
7 January 2025 | 7 replies
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!
Jorge Caceres
Utilities included worth the risk?
7 January 2025 | 28 replies
I added the possibility of fines for this after that incident.
Allie William Wilson
Eastern Tennessee STR/MTR
3 January 2025 | 14 replies
My question is this - does Johnson City receive enough visitation to justify a successful STR?
Thomas Malone
Anyone experienced with Lee Arnold's system
11 January 2025 | 55 replies
I asked for a refund outside the 3 days (ridiculous time frame to give to clients but it tells you everything you need to know about the company just didn't realise on time) but I told them I didn't receive the login until the 4th day and that I am the one who requested so I would still be missing the login of wasn't for me that didn't seem to make sense to Kevin the manager there who by the way called me a week later.
Kathy Tran
Home owners insurance for Owner occupied Duplex
28 December 2024 | 3 replies
I’ve received multiple quotes from insurance companies (mainly I would obtain the quotes myself).
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.