
2 February 2025 | 6 replies
We plan to keep them on a month to month lease but after a few months, have them sign a year lease and increase rent, however, we need help finding a GOOD app/website to get lease agreements/documents from or get a template so we can fill/add certain things we want.

19 February 2025 | 4 replies
Shortly after, my strategist flagged that RTR was severing its ties with their PM partners in Harvest and would be seeking a new go-to team.

27 February 2025 | 13 replies
After 47 years in RE I see far to many people let tax driven decisions lead to a bad real estate decision.

25 February 2025 | 6 replies
Quote from @Kurtis Carriere: Im looking at relocating myself and my funds to the DFW area after completion of this property and will have aprox 500k USD but looking to only use 300 of it to as investable capital.i feel like that should be a good amount so that way i would have funding issues due to lack of american credit history.

20 February 2025 | 9 replies
In Vermont we have some associations like Vermont Huts that we rented ourselves over the winter - bring all your own everything and clean after yourself (no water or electricity).

17 February 2025 | 69 replies
Real estate investing/business can result in wealth - just not the way or form the gurus teach!

7 February 2025 | 10 replies
It is possible to utilize low down payment loans and live in great neighborhoods in Chicago Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

23 January 2025 | 7 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

8 February 2025 | 13 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

10 February 2025 | 47 replies
.: Oh also, I think Redfin gives off market homes an mls id anyway, it should have whatever home you are interested inIs the MLS ID the number after the last “/“ in this url?