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12 January 2025 | 12 replies
If you need to cover utilities, the numbers tighten significantly, making a lower purchase price essential.Let me know if you have any further questions or want to explore these numbers in more detail—I’d be happy to help!
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7 January 2025 | 8 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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12 January 2025 | 7 replies
This will provide you with detailed information about the area's crime statistics, helping you determine whether an incident is an isolated event or indicative of broader neighborhood safety concerns,Take a moment to check it out, and you'll feel more at ease knowing the facts,
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22 January 2025 | 14 replies
I have a hard money lender established to cover 80% of the purchase and 100% of the rehab, so my capital partners would be covering:20% of the purchase priceRange of $30,000-$50,000 cost of capital25% of the renovation budget (to kickstart the project while waiting for reimbursements)$25,000 contingency padAny tips would be great, and if you happen to be interested yourself I can send you more details.
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14 January 2025 | 28 replies
My CPA provides his clients with a spreadsheet that includes tabs, detailed instructions, and videos on how to use it.
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6 January 2025 | 4 replies
For instance, mismatched names, employment details, or salary figures should warrant further scrutiny.Urgency to Move In: Applicants who are unusually pushy about quick move-in dates may be attempting to bypass thorough checks.Reluctance to Provide References: Hesitation or refusal to provide contactable references from previous landlords or employers is a cause for concern.Cash Offers for Faster Move-In: Proposals to pay a significant amount up front, especially in cash, to expedite the moving process can sometimes indicate an attempt to avoid scrutiny.Unverifiable Identity: Difficulty in verifying the applicant’s identity through standard identification documents can indicate potential fraud.Tips to Mitigate Rental Application Fraud:Enhance Verification Processes: Implement stringent verification processes for employment, previous rental history, and identity.
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1 February 2025 | 9 replies
If you are analyzing 100 deals, use that to take those numbers down to 25-30 days that could really be deals then go deeper with GCs to get you full details on what you would be paying on rehab and good comps.
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14 January 2025 | 9 replies
Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!
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13 January 2025 | 14 replies
Details can be found at https://www.biggerpockets.com/forums/521/topics/1224992-brew...
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21 January 2025 | 15 replies
Also thank you for the added detail to what @Chris Mason was saying.