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14 December 2024 | 2 replies
Hi all,I tried Magicplan and found that it could not create a floorplan using my Android tablet's sensors as advertised and it's room-focused approach made doing a manual plan very difficult.So I thought I'd see if an...
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26 December 2024 | 7 replies
Hi BiggerPockets community,We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD.
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19 December 2024 | 13 replies
Their customer support is terrible and some of their software, but they have about 8x the site traffic in general than Airbnb and VRBO combined, surprisingly.
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19 December 2024 | 8 replies
Hello Brad,I currently use Tenant Cloud as my property management software.
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24 December 2024 | 17 replies
If you find the property in mid-January but don't want to close with snow on the ground, then submit your offer with a 60 day closing and you'll be purchasing it going into spring.
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28 December 2024 | 16 replies
When the date came he said he wasn't going to submit it by the online app (stipulated in the lease) but would have it in cash and that we could come pick it up (we live 3 hours away).
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16 December 2024 | 9 replies
I dont know how many units you are talking about, my biggest problem was tenants having easy access to me.I finally decided to use a software and got an internal property manager so moved away from it.Currently setting up the maintenance request portion of it, so will see how it goes.
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20 December 2024 | 12 replies
I'm looking at it on my rental software and there is also a fee for it which is the main deterrent for me currently.
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11 January 2025 | 420 replies
Only the data differs.Here's the summary...Here's the example, without Loan Acceleration: Loan Amount $ 200,000.00 Total of Payments $ 386,511.57 Interest Rate / yr 5.00% Total Interest Paid $ 186,511.57 Term (Years) 30 Payoff (years) 30.00 Monthly P&I $ 1,073.64 Number of Payments 360 (Sorry - copy-and-paste from Excel doesn't work quite like it should in the forum software.)Now, here it is WITH loan acceleration: an additional $15,000 once a year: Loan Amount $ 200,000.00 Total of Payments $ 252,073.75 Interest Rate / yr 5.00% Total Interest Paid $ 52,073.75 Term (Years) 30 Payoff (years) 9.17 Monthly P&I $ 1,073.64 Number of Payments 110 .So, there's the savings in interest (numbers rounded):Without debt acceleration, $186,512 over the life of the loan.With debt acceleration, $52,074.Total interest savings: $134,438."... b-b-but David, what about the interest on the HELOC?"
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19 December 2024 | 5 replies
This was also confirmed when I went there to submit the required documents, but they couldn't give me a proper timeline on when it would happen claiming that they were backed up.