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31 December 2024 | 9 replies
If you can do short term, mid term, or rent by the room, your hassle factor is going to increase, but you may be able have it both ways - more property and still cash flow.There is no wrong answer.
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16 January 2025 | 40 replies
People that are good at branding and review designation can bury those low reviews and I wouldn't want to own someone's reviews but I am not your audience as far as a projected buyer as we purchased ours for a deal and they are both higher end beach stilt houses that are side by side and neither had been listed as a STR on any platform, we built it up with a direct book site and also use the platforms as well as the local website in the area to book.
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27 December 2024 | 20 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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19 January 2025 | 46 replies
My wife and I did come the the same conclusion on most of those same factors when we were looking in the north by Venice and Aviano.
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29 December 2024 | 253 replies
They have a high hassle factor and he sold most of them.
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27 December 2024 | 16 replies
You are correct; I made an assumption that we wouldn't be able to sell through a realtor based on the factors against us.
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6 January 2025 | 14 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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23 December 2024 | 4 replies
What factors should I prioritize when choosing the best approach for my future success in real estate?
29 December 2024 | 13 replies
A factor is whether the panel and electrical can handle the additional load.
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1 January 2025 | 27 replies
There’s a cool breakdown here if you ever want to explore gaming design inspiration.