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20 February 2025 | 21 replies
Simply put you know what you know when you don't know what you don't know, no offense, but most people don't realize it until they get too deep in it to be able to facilitate and then they are flailing and desperately in search of a PM and then they get into bed with a bad one.
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13 February 2025 | 123 replies
Very conservative approach that protects the seller.There is a long thread that covers what I'm talking about atPace Morby Mentorshiphttps://www.biggerpockets.com/forums/79/topics/1001612-pace-...
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3 February 2025 | 15 replies
It can still qualify if it's a fixer-upper, as long as the rental income from the property can cover the debt service.
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26 January 2025 | 10 replies
Compare apples to apples(SQ FT, bed/bath, layout, etc).
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27 January 2025 | 9 replies
Since you won't be able to recognize it as a valid rental if you're charging under market rent and you also expect to be covering any house expenses that are outside of her budget, this seems the best choice.
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16 January 2025 | 21 replies
Also, many PadSplit properties have bedrooms that are created via flex walls that wouldn't meet the definition of a bedroom in an appraisal, so many PadSplit owners may think their property is worth a certain a mount based on a bed count that's not valid.
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5 February 2025 | 8 replies
So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.
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27 January 2025 | 5 replies
Hey Natalie if you're set on holding onto the property I have a great property manager I use for my STR's that also will cover MTR and LTR's.
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11 February 2025 | 25 replies
@Michael Fucillo haven't played with RentVine also.Would recommend Buildium for what you need as it covers all the basics.Everything else is more geared to managing for others.
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18 January 2025 | 2 replies
Current house is 2500 sqFt 4 bed 2.5 baths.