
4 January 2025 | 11 replies
If they do, then you can likely find another tenant for that amount fairly easily, as I would assume the entire town's taxes are up- so if someone really wanted to be in town, that price is the new normal.If your taxes increased that substantially in a C neighborhood, your tenants would way more likely give push back for that type of increase- even though you're not being greedy, you're just imposing the same raise you were given.Often the buyer who had the "well, the numbers are better" mentality is only looking at year 1.

9 January 2025 | 43 replies
Then, you would need to sign out of Invelo and sign back in using the BiggerPockets sign in option on the sign in screen.Let me know if you'd like to schedule a walk through in the platform, and I can show you the full functionality.

7 January 2025 | 27 replies
I pushed back on the idea of an up front transaction fee of 10K and told him that I'd be happy to pay a transaction fee at closing, but wouldn't feel comfortable paying 10K without it being tied to an acquisition.

2 January 2025 | 7 replies
I think that overall the economy will go nuts, but I still think STRs are saturated, they just got too much attention back in 2019-2021.

30 December 2024 | 4 replies
Just asking as most folks seem to think "giving it back to the lender" is always an option.

6 January 2025 | 17 replies
With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

31 December 2024 | 5 replies
My fix-it guy took a look and never called me back and others I've spoken to either don't seem like they know what they are doing or seem a bit shady.

30 December 2024 | 6 replies
If the tenant fails to establish their own policy, enroll them in your renter's insurance policy and charge it back to them.

3 January 2025 | 11 replies
looks like I need to go back to my CPA :)

7 January 2025 | 20 replies
@John Lee I probably need to walk some of that back.