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27 January 2025 | 7 replies
My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.
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6 February 2025 | 7 replies
If they don't, the document says their consequence is that they will automatically convert to a month-to-month rental on [DATE] with a 25% increase to their rent.
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14 January 2025 | 15 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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10 January 2025 | 0 replies
This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.The increased budget allowed us to enhance the property's overall value significantly, and we were able to sell it for a much higher price than initially anticipated.
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10 January 2025 | 0 replies
This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.The increased budget allowed us to enhance the property's overall value significantly, and we were able to sell it for a much higher price than initially anticipated.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3157675/small_1737672776-avatar-jaedons4.jpg?twic=v1/output=image&v=2)
13 January 2025 | 5 replies
This eliminates the problem of increasing your debt and damaging your credit score.
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21 January 2025 | 20 replies
Despite higher interest rate environment, there's reasonable probability inflation will still continue - thus increase hard asset valuation.
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30 January 2025 | 48 replies
However, investing locally has become increasingly unfeasible and unrealistic due to the high costs.
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22 January 2025 | 12 replies
The house is in Woodforest though so rentability might be lower as well increasing vacancy risk due to high rental costs.
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22 January 2025 | 22 replies
All this makes for great guest reviews and helps increase revenues.