
12 September 2024 | 4 replies
The commission on that one sale covered a LOT of future postcards.I think the keys to success with postcards is that you need to get the prospect's attention so quickly that he gets the drift as he's picking the postcard up to trash it.

13 September 2024 | 1 reply
If you have the right insurance, both the repairs and lost rent would be covered.

14 September 2024 | 19 replies
@Summer Burke I would offer to cover the difference (as you mentioned) and then pursue recovering that amount plus any related costs from the contractor, via negligence claim if necessary.

13 September 2024 | 1 reply
Include a contingency fund of 10-20% to cover unexpected costs, as price fluctuations are common.Negotiate with Contractors: Build relationships with reliable contractors and negotiate bulk rates for ongoing projects.

13 September 2024 | 11 replies
I find it hard to get them to cover the rent if they don't have a multi night minimum.

12 September 2024 | 0 replies
What are the best coverages and limits to have in insurance policies to cover edge case scenarios like these Insurance Policy with water, mold, vandalism, pest etc.

13 September 2024 | 20 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

13 September 2024 | 7 replies
@Daniel GregoryA bridge loan is a short-term loan intended to cover the time between selling assets and finalizing a transaction.

12 September 2024 | 2 replies
There may be some equity that I can tap into depending on the DSR however, I'm looking to see what other funding options are available to cover construction carrying costs that do not require W2?

12 September 2024 | 6 replies
Our weekly short-term rental newsletter covers all things STR here at BiggerPockets!