Desiree Rejeili
How Much Home Equity Have You Gained? The Answer Might Surprise You
13 January 2025 | 0 replies
That’s because the longer someone has lived in their house, the more that home’s value has grown, which directly increases equity.And if you’re one of those people who’s been in their home for 10 years or more, know this – according to NAR:“Over the past decade, the typical homeowner has accumulated $201,600 in wealth solely from price appreciation.”The Benefits of Having Home EquityWhat does that mean for you?
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
Cost segregation can be utilized for many different scenarios such as new construction, properties already owned and newly purchased properties.
Account Closed
Non QM lending
9 January 2025 | 7 replies
I would echo @Brandon Croucier - the secondary market for DSCR's is super aggressive and rates typically reflect that.
Jeff Skinner
New Investor Ohio
1 January 2025 | 14 replies
@Jeff SkinnerRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Mead Vest
looking for particulars about how partnerships work
10 January 2025 | 2 replies
And then also do you typically repay each partner their upfront costs from the profits before then distributing profits?
Darnell Holland
Tear down rebuild numbers
12 January 2025 | 4 replies
I've done a few so I'm typically offered 90% LTC.
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
15 January 2025 | 49 replies
I would like to utilize my Stessa Pro Perk but I don't want have to create a new account.
Will Almand
Cost Segregation Questions
17 January 2025 | 8 replies
@Will Almand this sounds like a very useful case for cost segregation especially if you can utilize the depreciation expenses against your income.
Christopher Morris
Is Relying on Cash Flow Feasible?
13 January 2025 | 57 replies
It is typically lower than cash-on-cash and you can put it somewhere around 6% conservatively.
Daniel Alvarez
What is the best way to see a person is a good Tennant?
12 January 2025 | 11 replies
Additionally, applicants can (optionally) upload tax forms and bank statements for our review.If you're looking for a website you can utilize on your own @Bruce Woodruff mentioned a couple that are popular.