
11 December 2024 | 1 reply
The loans were varied and some were able to close sooner than others and they wanted to close before the others but we held out because we needed to close all of them at the same time to avoid any last minute standoffs or complications.

11 December 2024 | 6 replies
I currently have one property that I have been house hacking for the last year and have saved up for a 2nd investment property.

11 December 2024 | 6 replies
Tiling your tub surrounds to the ceiling not only looks nicer, but also helps waterproof the area better, and will likely never need replaced (versus vinyl surround which last about 3 yrs before tenants start cracking them, in my experiences).

9 December 2024 | 1 reply
Hi everyone, joined BP last year for all the freebee calculators and finding myself a bit over my head and in need of some advice...Have a commercial property bought on land contract, 0 down, 5%, amoritized over 30 years with 6 year balloon for 120k last year.

9 December 2024 | 9 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

10 December 2024 | 39 replies
I would have to see minimum last 36mnths financials and would prefer 60.

11 December 2024 | 5 replies
Last year I think I shoveled my drive twice and i'm further north than bloomington here.

9 December 2024 | 21 replies
Stayed at a property last year that had a sky lift from the hotel to two of the parks.

9 December 2024 | 2 replies
He has lived in the duplex for the last 20 years and according to my research, you can avoid taxes on capital gains up to $500,000 if the property is sold within two years after a spouse's death.

16 December 2024 | 35 replies
I am a rental property investor but i hate making things complex and the last thing i wanted to do was create a separate bank account for each property..yikes.