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14 January 2025 | 4 replies
They do not want the other person's name on the deed or the mortgage once the dirvorce is finalized.
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30 January 2025 | 10 replies
I'm open to properties were cap rate is around 10%+ and Return on Cash is 10%-20%.
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10 January 2025 | 11 replies
It's an estimated cash on cash return given current rental rates subtract expenses assuming 7% interest rate, 10% management fee, 5% repairs, 5% capex and other expenses like mortgage, insurance, tax. it's a estimate to tell you what properties to analyze vs ignoreyou can see the are pockets of negative returns as well as pockets of positive return. this is to supplement the data @Devin Conley provided
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26 January 2025 | 48 replies
Every where you turn there are STRs going up on the market fully furnished because they couldn't pay the mortgage and bills with the rental income.
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13 January 2025 | 8 replies
Just make sure you’re comfortable with the interest rate if going either route.
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2 February 2025 | 8 replies
So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.
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11 February 2025 | 3 replies
To determine your rental rate, you need to compare your apartments to others in the area.
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6 February 2025 | 18 replies
Expenses went down and ratings / reviews went up.I did the switch after staying in an Airbnb that provided both flowers and local bakery goodies.
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16 January 2025 | 10 replies
This year is slower than normal because mortgage rates and home prices are so high.
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10 February 2025 | 20 replies
Quote from @Jimmy Lieu: Quote from @Andrew Syrios: The BRRRR strategy is tough these days (I even wrote an article about it that goes into more detail a little while back: https://www.biggerpockets.com/blog/beyond-brrrr-taking-advan...)In short, high interest rates as well as labor/material costs makes it hard to buy a property with debt and cash flow.