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31 January 2025 | 19 replies
While I do believe that some of the posters on BP are able to do a quality job self managing their portfolio of STR properties, they are spending a lot more time doing it than they’d like to admit.10 years ago in many markets STR provided outsized returns.
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20 January 2025 | 62 replies
It is common practice for mortgage companies to later sell the already funded loan to a 3rd party like a hedge fund or a bank after the fact.
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8 February 2025 | 21 replies
They are investing in infrastructure, housing, public safety and taking the steps they need to take to attract more jobs.
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9 February 2025 | 8 replies
An accountant is a general job title that may potentially do one of many different tasks(bookkeeping, reviewing financials, assurance, taxation, etc)Bookkeepers are specific that they will likely only do the bookkeeping.
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16 January 2025 | 9 replies
Quote from @Pranav Patel: Hello,I'm 22 years old with roughly $50k saved up through part time jobs and internships.
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17 January 2025 | 6 replies
@Mario MoralesI think this is a common question and the value that an agent will bring will vary by individual needs.
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20 January 2025 | 22 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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29 January 2025 | 14 replies
That's your job. you should be inspecting the rental at least once a year and looking for things like this that could cause problems.I'm curious why your caulking is completely gone if this is "newer" construction.
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21 January 2025 | 11 replies
The macroeconomics are on fire here - population growth, job growth, and companies moving and developing here.