16 December 2024 | 5 replies
Pm me for any specific questions. - Chris Kersey

17 December 2024 | 14 replies
Lender Recommendations: Are there specific lenders or programs that work well with investors focused on multiple BRRRR deals annually?

15 December 2024 | 59 replies
ALSO they have regs on rooming houses only allowed in specific zoning, similar zoning as for hotels; only on main streets in business districts AND you have to apply for licensing and blabla as for a hotel..That said; there is a small movement supporting rent by the room as a small step toward solving affordable housing.

18 December 2024 | 3 replies
If any of the specific areas catch your interest and you’d like more details, these are only portions of the full reports I wrote on each submarket and I am happy to send the full report to you, feel free to send me a private messageAfter conducting thorough research on the economic and infrastructure developments in Alexandria, Virginia, I believe it holds strong potential as a long-term buy-and-hold real estate investment over the next 20 years.

10 December 2024 | 22 replies
But experiment and see what happens in your market with your specific property.

18 December 2024 | 6 replies
I do not want to police the house; the nonprofit will make monthly/quarterly visits to insure their specific rules are being followed.

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 😊

15 December 2024 | 0 replies
Research shows that the more experienced home buyers have a longer and generally more specific list of demands than first-time home buyers.If our buyer does not have a home tour checklist, I give them a version that I have used for years (I did not create it, another investor shared it with me and I have used it).

13 December 2024 | 16 replies
Rather than continue this agonizing trial-by-error approach, I would appreciate if someone would please refer me to the specific bank branch and bank manager that set up your LLC checking account for you so that I can give them a call.