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29 January 2025 | 12 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.
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26 January 2025 | 48 replies
You'll need documentation of the cost to replace, hopefully, pictures from your cleaning team before their arrival, an owner's closet with lock for supplies, and limit the number of supplies you provide to a determined number.
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29 January 2025 | 10 replies
Adding mass to the walls works wonders—attach Mass Loaded Vinyl (MLV) to the shared wall, then cover it with a layer of 5/8” drywall using Green Glue soundproofing compound for extra noise-blocking power.
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28 January 2025 | 48 replies
Quote from @Clay Gross: I don't think it's worth it, I see a lot of goofballs with the peace sign on their hat and their car selfie profile pictures asking pretty basic questions in a lot of public fb ws groups.
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14 January 2025 | 2 replies
The HOA covers all the exterior.What was the outcome?
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15 January 2025 | 8 replies
I will say the picture did not match your strategy of going to Austin.
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13 January 2025 | 6 replies
The biggest thing with this is if something major happens are you legally covered if the unit is illegally rented.
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31 January 2025 | 20 replies
Last, I would like to also say that if a company WERE to sue a BiggerPockets member for defamation in a forum thread, that I would be very interested in covering the situation as a news story.
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4 February 2025 | 87 replies
Who covers the tax bill when they don't pay the tax bill or the insurance?
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5 February 2025 | 38 replies
Investors must first prove that they are an accredited investor, set up a “pitch” call, and only then will they receive a 16-page PDF explaining the loan program, which on page 10, shows a picture of Ron Fossum as CFO:Page 10 of email attachment “noradaloannotecasepdf”A detailed FINRA report ( Link ) provides the reason for this sleight of hand.