
27 November 2024 | 4 replies
Ask a home inspector for their mold guy if you don't have one already.If these are otherwise high maintenance tenants: offer them the opportunity to break the lease and move out with no penalty (besides damages, of course).

27 November 2024 | 16 replies
Some thoughts:- @Brian Burke insight on syndications should be highly regarded.- BP recently introduced passive pockets. - ideally every operator is sound at all aspects of being an operator, but there are operators who are outstanding at the operational side that are a bit lacking on the communication side.

25 November 2024 | 6 replies
They are highly regarded. $81.99 Bissel Little Green Machine spot carpet cleaner - https://www.amazon.com/Bissell-Multi-Purpose-Portable-Uphols...These are great.

26 November 2024 | 17 replies
I've reached out to lenders here on Bigger Pockets- but their rates & terms seem high (DSCR or just not good terms)- I qualify for a conventional loan, but my DTI is almost maxed so why pay an extra 2-3% DSCR when I don't have too.

25 November 2024 | 6 replies
@James Harryton I have been filling up a building with high quality grade materials and amenities.

26 November 2024 | 11 replies
Because it means very high leverage.

25 November 2024 | 0 replies
Purchase price: $600,000 Cash invested: $100,000 Here is an investment Flip Property I found for my clients in the highly desirable neighbourhood of Haysboro, Calgary Alberta, Canada.

26 November 2024 | 9 replies
Your best bet if you want to wholesale (I don't know why anyone would) is to find a high volume local wholesaler and work for them for a while before going out on your own.Hello Jonathan,I appreciate your perspective, and I wanted to share more about my situation.

28 November 2024 | 10 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

20 November 2024 | 5 replies
But that could have been because we priced them high to start, especially the second one because of its prime location with no new construction comps.