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13 January 2025 | 11 replies
Section 8 provides consistent pay and the tenants have to uphold the standard put forth by SECTION 8 to maintain their voucher.
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19 January 2025 | 47 replies
Comparing this to oil or timber rights is comparing apples to hand grenades.
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24 December 2024 | 1 reply
What I have seen in the research is to find a property you are interested in and compare to other comps in the same neighborhood.
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14 January 2025 | 10 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
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13 January 2025 | 8 replies
Consider tenant stability, including consistent payments and maintenance of the TOH.
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24 January 2025 | 12 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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31 January 2025 | 17 replies
I understand, to clarify the cash flow is not my only source of funds to purchase future deals as I am able to save a large portion of my W-2 income as well and the cash flow from the property is a very small percentage comparably.
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21 January 2025 | 15 replies
She was comparing it more to a bed and breakfast, hard to finance.
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27 January 2025 | 15 replies
@Philip Beckwith typically in Michigan, you can only do a tax appeal in February.The instructions will be on the back of your winter tax bill.You will need to have great comparables to challenge the City Assessor's valuation.
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10 January 2025 | 2 replies
It’s especially useful for prospecting foreclosures or expired listings.TruePeopleSearch (Free): If you’re working on a budget, this is a surprisingly helpful resource for quick lookups.That said, any platform can work if you use it consistently—it’s all about staying persistent.