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6 December 2024 | 13 replies
Use tools like MLS, Redfin, BiggerPockets calculators, and Zillow for cost and income estimates, and enhance research through networking.
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11 December 2024 | 34 replies
yeah, and it would be one thing if they said, if you dont out perform you get a refund or partial refund.
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11 December 2024 | 8 replies
We own a mid term rental in Temple that has performed very well.
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13 December 2024 | 4 replies
A loan commitment letter carries more weight as it confirms lender approval, signaling a stronger ability to close.Addressing Closing Concerns: A commitment letter meaningfully reduces concerns, especially when paired with proof of equity and a track record of performance, even if on smaller deals.What Brokers Look For: Key factors are a reputable lender, clear terms in the commitment, and evidence of funds for equity and reserves.
12 December 2024 | 4 replies
Use the actual NOI, not the pro-forma b/c that is how the property is ACTUALLY performing.
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17 December 2024 | 16 replies
I will answer as it relates to traditional BRRRR, in the general case there are additional options. 1) Do not perform maximum cash extract.
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14 December 2024 | 22 replies
I am very happy with the performance of my portfolio - all my properties are between a 10-13% cap rate.
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12 December 2024 | 12 replies
Using a Wyoming LLC as a parent (umbrella) LLC can enhance asset protection and anonymity, leveraging Wyoming’s strong laws.
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5 December 2024 | 11 replies
. :-) In summary, AI is not a replacement for traditional methods, but rather a powerful tool to complement and enhance them.
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12 December 2024 | 9 replies
If you and your husband can perform the same line of work in another state like Florida, Texas, Nevada I would move out of CA as soon as possible.