Andrew Jennings Freerks
Alternative to PropertyShark
4 November 2024 | 4 replies
@Omar Pena I did start paying for the annual membership for PS.
Dave Vona
Is SFR investing worth the return? An IRR analysis
8 November 2024 | 22 replies
As you show, shorter hold = higher IRR.Most will project an initial rent bump in the 15-30% range after their renovations, then show annual increases of 3-5% thereafter, while underwriting expenses to grow at 2-3%.
Jason Varga
Wanting to make an LLC/Trust
6 November 2024 | 5 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
Cherilyn Williams
3rd late payment in 5 months
6 November 2024 | 6 replies
Assuming they're on an annual lease, I would not renew and go month to month at the end of the lease.
George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
Yes, I probably have some protection, but rely mostly on insurance.NOTE: we manage a lot of Class C properties and unfortunately get sued 2-3 times annually.
Brody Veilleux
Cash flow is tax free??
7 November 2024 | 8 replies
If your building value is only $100k that’s small annual depreciation vs a $1M building.
Deepak Malhotra
Line of Credit on Property in LLC
4 November 2024 | 19 replies
He just helped my Doctor customer close on a Vacation home $1.2M home raking in over $125K in annual ROI.He is a Bigger Pockets member as well @AJ Wong
Andy Bodrog
6 unit CT multifamily rent roll sheet help
4 November 2024 | 11 replies
Quote from @Andy Bodrog: Thanks a lot for the replies @Chris Mason and @Gregory SchwartzOur lender said we can do a bridge loan but its around 11%.. id bring in 20% downpayment max, dont want to put too much personal assets into it and the issue is for yr1 w low rents and renovations its def a monthly -3-4k loss. def want an 8% or lower rateNot sure if lenders are ok with an initial cashflow loss, once its renovated we can have market rents and its a great deal after. it listed at 1.495M and we'd offer 1.2-1.25M. i understand the living in part doesnt necessarily bide well with investment focus, but for us thats a big appeal that its in a nice area to even live in If all you are looking at is 5% annual rent increases, that's not actually enough to get that 11% bridge lender on board.
Casey Coffey
Base hit to home run deal
3 November 2024 | 10 replies
You can't count on a guaranteed annual increase in rent.
Thomas Fredella
I would think about Partner Driven very carefully b4 jumping in
7 November 2024 | 18 replies
Regarding events, we do mention our annual live event, which is optional and priced at $249/ticket.