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10 February 2025 | 16 replies
Using an unexpected repair as justification for not caring about cashflow as much as appreciation doesn't really address the issue, especially when appreciation also operates on the idea that the property's condition doesn't decline relative to comps.From what I understand about REI and cashflow, cashflow should cover not only PITI, but maintenance, repair reserves, prop management, etc.
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13 February 2025 | 95 replies
Next issue, I know we had BP members who taught real estate at state approved schools, that would have qualified, but what tossed them out of the ring was they also taught beyond their qualifications, such as in finance and got it wrong!
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26 January 2025 | 21 replies
UPDATE: After 4 days of back and forth with Airbnb CS, they finally decided to do the right thing and issue my payout for a reservation that a guest cancelled in the amount of $1,333.75.
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21 January 2025 | 10 replies
Ensure you have an itemized invoice from the cleaner, which can help justify the deduction.Reasonable Deductions: Long-term tenants often leave normal wear and tear, so I recommend being lenient on minor issues.
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27 January 2025 | 4 replies
Newbies create a lot of different issues, however.You are probably not going to be able to use Fannie Mae as a contingency.
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28 January 2025 | 6 replies
Some part of these neighborhoods change drastically, but the main issue is the amount of supply.
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1 February 2025 | 14 replies
If the house doesn't pass the occupancy inspection before closing, the municipality can usually issue a temporary occupancy permit.
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20 February 2025 | 23 replies
However, after dealing with the constant headaches of repairs, complaints, and other issues, I made the decision to shift my focus to larger commercial deals in partnership with others.I have co-founded a coinvesting club, allowing me to diversify my investments across multiple deals.
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23 January 2025 | 2 replies
There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.
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23 January 2025 | 3 replies
Here in TN we issue POQ within a couple of days of rent being overdue, usually giving them 14 days to correct before official eviction proceedings start.