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6 December 2024 | 25 replies
While I've been enrolled in an online course, I've found it to be quite costly and not as practical as I'd hoped.I recently discovered BP through a friend, and I'm amazed at the wealth of knowledge and support this community offers.
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4 December 2024 | 2 replies
Our plan was to do the traditional house-hack, but things havenât gone as planned.During some self-testing followed by professional testing, we discovered lead in several high-traffic areas of the home.
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29 November 2024 | 2 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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2 December 2024 | 19 replies
đPlenty of lovely folks there, plus it's where Cannon Air Force Base is located, but we soon discovered that just having a base nearby didn't necessarily make for a lively real estate market.Shortly after that, we adopted our MUCHAS criteria:M - Near a military baseU - Has at least one college or universityC - Has a Costco or equivalentH - Has a hospital ranked at least as a Level II Trauma CenterA - Has a commercial airportS - Has a Sprouts (organic grocery) or equivalentThis has led us to look at often-overlooked markets like Lubbock, Texas and Augusta, Georgia.May be worth a look for you as well!
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5 December 2024 | 24 replies
Everything new that I discovered looked good.
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10 December 2024 | 8 replies
@Dakota Williams While itâs nice to improve the ARV and obtain appreciation for when you sell Iâve discovered that most of the time I canât access that âhidden valueâ because to refi out the new value would leave the property with negative cash flow.
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1 December 2024 | 32 replies
The 1% rule is one of the most flawed underwriting techniques anyone can rely on. Â
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2 December 2024 | 3 replies
While I understand this may not be the best time for high demand, the lack of inquiries has been unusually lowâsomething Iâve never experienced before.When I searched for similar rentals in the area, I discovered that my listing does not show up properly.
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5 December 2024 | 9 replies
Was great chatting with you earlier today over zoom and I believe I helped you understand this property and the location and how to analyze this property from many different angles but unfortunately we discovered after looking at your deal that its a NO-GO and you will probably need to back out, if possible.
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2 December 2024 | 6 replies
We discovered margins are high here and not all that sensitive to construction or sales price adjustments.The design process is getting along well, but there is still much to be done.