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6 December 2024 | 2 replies
This gets my mortgage payment barely at break even for LTR value, (could be negative cash flowing), and lowers to about a 6% CoC (with down payment, renov and furnishings' costs)About 1.5 pt lower than my goal and with an MAO $10K higher than I wanted.b.
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15 December 2024 | 13 replies
Maybe 1/10 still listened 11 months ago when I first tried, took a summer break, and now about 4/10 are listening and it's growing.
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11 December 2024 | 68 replies
Most of CA is a really tough RE market to break into.
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10 December 2024 | 26 replies
If I was trying to break into the industry, I would approach a few small- to mid-level sponsors and ask if you could provide help to their organization in exchange for a mentorship.
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7 December 2024 | 2 replies
These lease breaks will cost me 100s of man hours trying to fill these vacancies, repairing damage left behind, and pursuing the civil cases.
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16 December 2024 | 23 replies
then manage them remotely.you also noted you want an STR, which is going to shrink the inventory that is viable for you and also increase the amount of competition you have.you may want to read these threads:https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/48/topics/1159104-overl...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...i invest in Pittsburgh, and I would tell you: DON'T invest in Pittsburgh unless you're willing to come here in person and build your network.
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2 December 2024 | 5 replies
But they asked for a little space to store their Christmas items.
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13 December 2024 | 35 replies
https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/48/topics/1159104-overl...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/48/topics/1137397-balti...
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5 December 2024 | 14 replies
For example, if a home has an accurate value and list price of $450,000 and I can get if for $400,000 (because of incentives and timing), and it sells for $490,000 three years later, I am not as concerned with a monthly break even cash flow scenario.- Some builders aren't as friendly to investorsI hope that helps.Thank you so much!
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11 December 2024 | 37 replies
I let one tenant break his lease when GK Houses didn't initiate repairs to a kitchen in drastic need of sudden repair while the tenant lived there.