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Results (6,881+)
Brittney Wright Assuming Existing Tenants
22 October 2023 | 4 replies
I would verify their identity at a minimum - like you said getting copies of their licenses. 
Jeffrey Messee Solar
8 August 2022 | 13 replies
Solar makes living in a home cheaper, a pool has the opposite affect so it's not apples to apples.The math is simple with solar, if there are 2 identical homes sitting next to each other and one has a solar system like I have (8kw) that cost me 19.5k after tax credits, my house is worth 19.5k more, minimum.  
Alex Sanfilippo Smart Locks?
18 August 2023 | 11 replies
Of course kicking in a door is fast too and that is preferable to most thieves who are lazy.There is a rating system for security and the Kwickset are ANSI Grade 1.
Nathan Raisbeck Newbie from Green Bay, Wisconsin
4 November 2020 | 13 replies
Pretty much identical to my story 5 years ago when i got into it at 19.
Robert Cabral STR Tools/Software Suggestion
19 October 2021 | 8 replies
In fact, there was a nearly identical post 2 days ago...https://www.biggerpockets.com/...
Nolan Mahoney Buisneess savings account or personal savings account?
18 January 2024 | 7 replies
The mechanics of a personal vs business savings account will be nearly identical meaning they work the same and the interest will be roughly the same. 
Alex P. Negative Cashflow, Appreciation for First rental property?
22 April 2023 | 38 replies
In March of 2022, an identical house like mines sold for $875k in same sub division.
Ryan Cleary I have a tenant that wont allow realtor showings
23 May 2023 | 12 replies
I've sold two identical properties side by side at the same time, one was tenant occupied, one I waited for the tenant to leave, spruce it up and then listed for sale.
Brandon Miller Pay off rental mortgage or reinvest?
30 May 2023 | 105 replies
Here are two scenarios to make my point, assuming I have $100k (easy number, over simplified to make my point) to invest:Scenario 1:  I could buy 1 $100k property in cash that rents for $1000/mo - cash flow is ~$500 (~50% rule)Lets assume that property appreciates (long term average) of 3% yoy - total ROI is $500x12=$6000+$3000 appreciation = 9% total ROINow,Scenario 2:  I could buy identical properties with 20% down using the same $100k, but now I have ~$400 mortgage, cash flow is now $100 per property.Assuming the same long term appreciation of 3% yoy - total ROI is now $100x5x12 = $6000+$3000x5 = $21000 or 21% total ROIWhile the example is grossly oversimplified, it highlights the value of leverage because you have more appreciating assets that are growing year over year. 
Ajay M. Condo Conversion Process in Arlington, Virginia
21 January 2017 | 4 replies
I plan on talking to an attorney and folks in this space (there was a conversion right down the street from me to an identical building 7 years back) but thought I'd ping my BPers first.