
10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck đ

17 December 2024 | 22 replies
I have listened to a large number of podcasts (a few with them specifically speaking) and read quite a lot about their company.

12 December 2024 | 6 replies
To scale, Iâd focus on defining financial goals, targeting specific property types, diversifying, and building a solid network.

10 December 2024 | 2 replies
@Mindy Rosscup, you want a contract that is specific to the laws of your state.

11 December 2024 | 35 replies
Would love to have a chat about your specific situation to see if IÂ can help be of service to you or point you in the right direction!

8 December 2024 | 4 replies
Use customized leases with state-specific templates and consult a lawyer for complex issues.

4 December 2024 | 7 replies
A recent article by BP: "Top 5 Alternative Investments for Real Estate Investors in 2024," which was sponsored by "atminvestors.com," listed the #1 Passive Investment opportunity as ATM investing (of course).

9 December 2024 | 2 replies
You don't need to include the specific details on where the security deposit is held in the lease.

10 December 2024 | 3 replies
Pro:- itâs trained to look for safety risks, expensive repairs- within minutes analyzes entire disclosure packet of hundreds of pages- works as another set of eyes that looks for things you should be watching out for, likewise of a companion - great to quickly learn of property conditions from the actual documents while on the go (given that you still follow your own due diligence process)- beta is freeCons:- still in beta- canât share report directly unless copy and paste- only core documents (home inspection, pest, roof, tds, hazard, solar) are supported but not regional specific disclosures like hoa- estimates it provides arenât accurate- not mobile friendlyÂ