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9 January 2025 | 18 replies
I ask because most who write similar posts on BiggerPockets are unable and I am sorry but "A unique blend of benefits that are favorable for R.E investors who are sole proprietors" sounds like something a fear mongering asset protection company will tell you before upselling the expensive and unnecessary asset protection product.
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13 February 2025 | 95 replies
It's good in that they don't have a lot of sale pitch, typical none in general meetings but ccasionally they bring in people with programs.
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4 February 2025 | 24 replies
But, we recognize that the experience you were having, multiple months without revenue and no clear time frame to be fixed, is not a typical experience with our company, and when and where we can help, we will.Our team didn't follow up as we said we would, so you asked us for updates instead of how we plan to operate, which is updating you proactively.
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1 February 2025 | 17 replies
For example, if the typical rent per unit is $1,500 (3bd 2ba), my landlord at the time would have one unit with three rooms and four people within the unit (one person per room and one room with two people), each paying around $500.
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21 January 2025 | 35 replies
These properties typically turn over once a year as they are mostly student rentals.
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10 January 2025 | 17 replies
@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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12 January 2025 | 0 replies
Sale Price$171,000 - $55,000 (Rehab) - $13,680 (8% fees) - $40,000 (profit) = $62,320 MAOFrom talking to other investors and doing research, typically a Novation allow more money to the seller, correct?
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9 February 2025 | 32 replies
Yes it needs a closet and a point of egress to be considered a bedroom, and more bedrooms typically equal higher appraised value.
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12 January 2025 | 7 replies
I’ve already put down a $2,000 earnest deposit and paid for the inspection and appraisal.This event is unprecedented in the area, as the area is typically low in violence and considered very safe.
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12 January 2025 | 28 replies
Early in my investing career I wanted to cost seg my properties, but my accountant told me I was wasting my time because I was unable to use the full depreciation benefits I already had.