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10 December 2024 | 25 replies
I do suggest putting the asset in the app ASAP to lower the audit risk.You can meet Substantially all participation tests (test no 2).
10 December 2024 | 2 replies
In response, I had a plumber and a water restoration company come to assess the situation.The restoration company cut into the drywall, and the plumber thoroughly inspected all the pipes, performed a leak test, and conducted a pressure test.
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10 December 2024 | 25 replies
And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.
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11 December 2024 | 15 replies
Lesson: if you do not have two separate guest stays completed in 2024, there is no way to meet your 7-day test.
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8 December 2024 | 19 replies
A failed pressure test or known electrical issue would prohibit this@Shelby Ek If the the property did not fail the FSM pressure test, a buyer would be able to turn on the water
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13 December 2024 | 7 replies
The demographics and map data don't take the students into account, but they're really what's driving the market.Low property values and ever-increasing student rents are a recipe for a market when you can pick up a duplex in decent condition for $150k, and rent it for $500/bed (that's an EGI of $36,000 annually for a 3/3 duplex).
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10 December 2024 | 100 replies
A few posters have commented that data-driven pricing doesn’t work.
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9 December 2024 | 12 replies
As stated in this thread, I believe BL does not let you keep your data if you leave the platform which is not good business practice, IMO.
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10 December 2024 | 6 replies
Hi Ben, doing this for 20 years, I’d say if you move forward, refinance your two rentals to the max they can handle under a stress test for mortgage payments.
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18 December 2024 | 13 replies
It took less than 5 minutes to enter this data into the BP Rental Calculator and see that the potential was outstanding.