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16 November 2020 | 2 replies
Are permits easy to obtain or does it significantly delay the rehab timeline?
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6 June 2020 | 3 replies
For example, common tricks of the trade are to leave out property management fees (typically around 10% of rental income) and just explain it away as "We assume you'll self-manage", or to minimize repair costs and/or leave out capex or property taxes on the P&L.
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30 October 2020 | 5 replies
They are doing their best o minimize dirt (though that's nearly impossible when you're demolishing a 100+ year old chimney)More details to follow.
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16 June 2020 | 19 replies
The other possibility is we test raising 1/4 of the rents and tenant loss is minimal, maybe we just go ahead with the rest.
6 June 2020 | 1 reply
I have minimal to no other expenses.
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18 September 2020 | 49 replies
There's a lot about stopping police brutality, minimizing the systemic dehumanization of black people in the hands of the authorities, and I can certainly applaud that.
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27 May 2021 | 26 replies
Needless to say, I pressed her to figure it out and we closed on property #5 in Aug 2018.It was then that I got on BP, researched my current PM’s company, and connected with a few people that also used this PM company and they all told me to run (I’ve used them since 2006, still do, and had minimal trouble but I knew this broker wasn’t going to get me to my goals).Finding the perfect Broker and Property ManagerBack in Germany, I knew I needed to find a broker who also did property management.
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23 June 2020 | 8 replies
My goal is to have 20k to invest and to be safe I want an extra 5k to have a backup in case of unplanned costs due to inexperience in the buying process, having vacancy the first months, etc...Question 1: Does it make sense to minimize my 401k contribution to nearly nothing to speed up my savings for REI?
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10 June 2020 | 5 replies
I am stabilizing my newly purchase properties atm and have elected to do it one at a time to increase the rent roll because they're so terribly low but am keeping my other buildings as is to minimize vacancy and stress level.
23 June 2020 | 9 replies
You could use a faster delay financing option but the new loan amount (ReFi) can be no more than the documented amount of the borrower's initial investment.