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17 October 2024 | 1 reply
Now, let’s dive into the upsides and downsides of moving to this kind of arrangement.The Upsides of Consolidating Your Insurance into One ProgramSimplified ManagementManaging multiple policies with different renewal dates, coverage limits, and terms can be a logistical nightmare.
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17 October 2024 | 2 replies
Any more info you can provide on MSA, what your rents were before vs after renovations, what kind of renovations you did and the total cost, and your return profiles?
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19 October 2024 | 11 replies
There are a lot of good out-of-state markets for people who live in areas that don't support their budget, but I think there are always areas within an hour that are more investable that are overlooked.
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16 October 2024 | 7 replies
What kind of properties are you interested in?
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16 October 2024 | 2 replies
Start talking to local lenders and see what kind of products they have for construction/ rehab loans.
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19 October 2024 | 30 replies
if something is just sitting on the MLS looking too good to be true... then it's too good to be true.these properties are going to have higher costs overall, be in more challenging neighborhoods, have very gnarly deferred maintenance and capex, potentially have liens, be high turnover, and require expert, highly knowledgeable, localized support to be successful. see for example this thread.https://www.biggerpockets.com/forums/48/topics/1137397-balti...and even at those price points, i think cash flow is fairly low to non-existent if rehabbed to a high grade, especially with DSCR debt.
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16 October 2024 | 5 replies
NOI/Purchase price = CAP rate (what's typical in the area for similar building types/unit mixes Can the area demographics support the rental increases?
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16 October 2024 | 4 replies
If the tenant has a support animal, how to verify the validity of it?
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18 October 2024 | 6 replies
Spending lots of money on your website will not give the kind of results you need.
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15 October 2024 | 3 replies
The area’s economic development is strong, supported by tech sector growth and proximity to several major cities like Nashville and Birmingham.4.