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5 February 2025 | 54 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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22 January 2025 | 14 replies
Snow plowing is an emergency service , we are on call 24/7 for the entire winter , the prices you pay cover the salt that we stock , the prep for each storm , the desalting of the trucks , the overtime .
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28 January 2025 | 8 replies
I just saw that Antonella Parra Gonzalez, a third-grader at Harris Elementary School in Gilbert Public Schools, recently received the Arizona English Learner Students Success Story Award.Here in Austin, many investors are asking me to set up searches in Eanes ISD, Round Rock ISD (that also cover some homes within the Austin city limits), and then of course Leander and Lake Travis ISD.
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7 February 2025 | 12 replies
A few things we’ve been thinking about* Appreciation > Cash Flow: We care more about appreciation in a few years as long as cash-flow can cover occasional cap-ex.* Low Hands-on operation: We prefer minimal hands-on engagement.
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11 February 2025 | 16 replies
Basically 75% of the total rents need to cover all the bills.
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27 January 2025 | 10 replies
Have you called the housing authority that covers this property to confirm the max rent based on the # of beds?
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23 January 2025 | 7 replies
This is the percentage of costs (purchase and rehab) covered by the loan.
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20 January 2025 | 5 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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16 February 2025 | 26 replies
Where rent can cover all these expenses.
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24 January 2025 | 3 replies
You magically get the seller to cover every single closing cost (A $12k gift, or a trick to get you to buy their problem.).