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15 November 2024 | 10 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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16 November 2024 | 12 replies
And a little skepticism that the market would continue to grow at 5% or more on average (it's been ~7% average for the 8 years I've lived here)@Dave Foster I filled out the BP spreadsheet here for the sell or rent decision, and similar to you advice, selling and investing the profits in index funds performs only slightly below being a DIY landlord, making that seem an attractive option.
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13 November 2024 | 15 replies
Underwriting will assess the performance and appraisal of the property based on traditional long-term rental comps.
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19 November 2024 | 11 replies
Defends on your goals.To Your Success!
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17 November 2024 | 7 replies
Costly and time consuming with no guarantee of success.
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18 November 2024 | 13 replies
Not all attorneys are equal, so ask them questions to find out how often they do this, their methods, their success rate, etc.
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15 November 2024 | 6 replies
It will also establish legetimacy.... wholesaling is a sketchy business hence anything you can do to increase your credibility will only help your chances at success.
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14 November 2024 | 3 replies
Hello BP Community, What successes have you had or what resources would you recommend for finding like minded investors in your local area?
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13 November 2024 | 14 replies
They were all non performing - many renovation loans where little reno was done and maturity date already passed - guessing it was inexperienced borrowers learning how to flip and were getting "easy" money. ya they took me out of about 14 of my deals and well being that I was getting paid it was not my place to coach them they made loans far in excess of my positions.
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15 November 2024 | 1 reply
There have been multiple break in attempts, one successful on one side.