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14 January 2025 | 329 replies
Why pay rent when your landlord gives you free housing, free maintenance team, free mortgage, free electricity, free water, free trash?
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26 January 2025 | 54 replies
Most of the deals are sydications (sponsor plus many investors), but some folks buy a property as a sole investor.The power of Brad's "Eco-System" is the ease of funding deals.
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7 January 2025 | 5 replies
Building a portfolio, starting a property management company, and creating a non-profit focused on affordable housing and financial education—what a powerful way to give back to your community!
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27 January 2025 | 56 replies
@James Carlson You probably already know my thoughts on STRs vis a vis 'affordable housing' :-)But this is going to play out as it will, and ultimately even Gov't intervention/restriction will fall to the power of the free market, so we'll see how it goes.I wish the property owners and entrepreneurs well, although some of them will learn that 'elections have consequences' as 44 so famously said.
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7 January 2025 | 22 replies
This is calculated after accounting for all expenses, including taxes, insurance, utilities (water, sewer, garbage, electric, gas), and an allowance for maintenance costs (typically 5% of gross rent, adjustable based on the building's condition), as well as management fees.I invest in the Binghamton, NY area both as an investor and as a realtor.
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15 January 2025 | 49 replies
The easiest solution to combine your two Stessa accounts would be for you to add the email address you have associated with BiggerPockets as a collaborator to your already active Stessa account.Then log in with your BiggerPockets credentials (as that collaborator) and it should upgrade your Stessa account.Here are some easy steps to follow: https://support.stessa.com/en/articles/2105533-the-power-of-portfolio-collaboratorsIf this does not work, please message [email protected] and we can work with Stessa directly to get you set up.
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17 January 2025 | 40 replies
https://www.facebook.com/buncombeGov/videos/628829406107729Here is an infographic explaining the proposal in its current state: https://www.buncombecounty.org/common/planning/calendar-file...The planning board (who only have the power to pass a proposal on to the commissioners who would actually vote it into law) voted and agreed to hold the public hearing, yet not vote on the proposal until they have had more time to review, get focus groups together including more voices, and understand all sides of the concern.
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4 January 2025 | 5 replies
I also have five gas/electric meters.
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2 January 2025 | 7 replies
More big name companies will join the STR industry and hosts who are not exceeding expectation will be weeded out by their money power.
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1 January 2025 | 4 replies
If he opts for a townhouse, a low HOA fee will help his buying power It gets tricky using lease agreement income when purchasing a house so I do not think that idea will work.