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31 January 2025 | 46 replies
In the thread of a conversation, statements may be made that are fine within the context of the conversation, but may not reflect well or accurately when the snippet arises within a search engine or other index tool.There may also be information that I/we are happy to share with the BP community, but not necessarily with the Internet-at-large, especially any details about our specific properties or business practices and processes.
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16 January 2025 | 3 replies
Here are some practical steps and strategies to consider:## Single Family and Small Multifamily HomesWhen looking at single-family and small multifamily homes in northern Illinois and southern Wisconsin, make sure to analyze the local market trends, rental yields, and property appreciation rates.
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21 January 2025 | 10 replies
@Robert Zajac pretty sure BRB charges less than an 8% management fee, so just as @Nathan Gesner states, they are making up for being below the "industry standards" by charging more elsewhere.BE CAREFUL about PMCs that claim they don't charge a markup on maintenance - TIME IS ALWAYS MONEY!
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10 January 2025 | 20 replies
If they are CF positive then they will not cohnt against your DTI but will improve it...that's standard conventional guidelines barring a few exceptions.
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8 January 2025 | 3 replies
I don't think the LVP will feel right with carpet underneath and it's not a sound installation practice to have that buffer layer there.
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24 January 2025 | 18 replies
Set clear goals, save for a down payment, and practice analyzing deals to build your confidence.
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30 January 2025 | 34 replies
It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.
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9 February 2025 | 173 replies
The entire Turnkey industry is slowly moving toward this where it is becoming standard for passive investors to expect this and companies to address issues.
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12 January 2025 | 25 replies
St Cloud MN Duplex, list/purchase price $259,900market rents $1,610 per unit BUT yes, if one really wanted to sec8 income standards are $1,957 per unit so one could go that direction if wanted be.
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11 February 2025 | 13 replies
I would keep the brokerage account and focus on the tried-and-true practice of saving up for a new investment.