Marcus Stokes
fix and Flip
18 January 2025 | 21 replies
Haven't been there, but pay attention to the foundation - if the floors are level there no action needed.
Jonathan Greene
Are the forums on BiggerPockets getting worse and worse or is it just me?
23 January 2025 | 52 replies
Hulk Hogan Gif's are Scientifically proven to increase the fun level of any type of forum.
Jeffrey Hayes
Help! Seeking Advice on Determining Monthly Rental Rate for SFH Lease
20 January 2025 | 8 replies
While the image of yours I found seem to show the main entry to the 2nd floor at ground level, the older the prospective tenant, the less interested they are in a non-ground floor unit. 2) Using another part of the property as storage could limit interest and I could see that as a turn off with folks once they find this out.FYI, the listing I found on realtor.com makes no mention of the tenant not having access the entire property or the basement being used as storage.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
the good news is that you're in the middle of a "masters" level education at this point.
Donyea Jenkins
DSCR Loan Question
30 January 2025 | 14 replies
As others have mentioned, DSCR loans are generally for turnkey rentals (although outdated rentals may still qualify depending on the level of deferred maintenance).
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
People have brought up interesting ideas to help you get to the next level.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
Depending on your income level, you may be able to take some losses on your return.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.
Christopher Helwig
Multi-media Documentation of Flipping for Potential Buyers
9 January 2025 | 3 replies
I think the before vs after pictures really speak primarily to your experience and ability to execute a project so it can help lenders gain comfort with future projects and allow you demonstrate what level of detail you except out of your contractors.
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
It should be pretty accurate - high level data sites are not always going to be perfect, but should always be directionally correct and AirDNA has a pretty strong track record.