14 January 2025 | 7 replies
Meaning, the bank wants to see that a property cash flows for typically one to two years of tax returns before they count it as income.
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15 January 2025 | 11 replies
Condo's are usually on the cheaper end of cost for appraisal reports, typically not $750 (but if it's a high end condo or in an area with there's some complexity, the fee can reflect that).
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22 January 2025 | 12 replies
We have regular evictions at this scale and they typically will take a few months up to six or seven months if the tenant contest/hires an attorney.
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13 January 2025 | 8 replies
All too typical park owner who took all the profit out of the park without reinvesting in the business then wants to sell you the potential he was too cheap to invest in.
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11 January 2025 | 2 replies
@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.
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5 February 2025 | 13 replies
@Steven Catudalthe 'no cash flow on a BRRRR' is typically just because you are boosting the ARV and then taking out the maximum amount you can on the refinance, often using a DSCR loan with a higher rate.
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16 January 2025 | 4 replies
The profile of the typical Houston traveler is someone coming in for work.
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15 January 2025 | 3 replies
Typically, higher income areas have lower crime, more amenities, better schools.
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19 January 2025 | 2 replies
I researched commercial construction careers, and found a construction degree is typically required.
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1 February 2025 | 9 replies
There are tons of threads here on BiggerPockets where you have a new investor bashing a property manager, seller or turnkey guy and then when the experienced investors chime in it becomes very clear that the new investor wasn't telling the whole story and there typically wasn't any wrongdoing by the property manager, seller, turnkey guy or what have you.