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21 May 2022 | 13 replies
On the death of the current owner, the property passes automatically to the named beneficiaries.Because transfer-on-death deeds do not transfer property until the current owner’s death, the owner retains broad control over the property during his or her lifetime.
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22 May 2022 | 4 replies
I was able to find 6 flips in each zip code pretty easily, some less-so-than others but regardless I have my data included ranges and averages plus URLs to revisit the flips I used for my data.I also set up redfin automatic notifications for houses that meet the average criteria for each zip code to hopefully be able to sift more efficiently through all MLS listings (I'm currently focused on MLS since I think it is the low-hanging fruit with all the tech we have at our fingertips).I've been spending the last few days trying to learn deal analysis now that I had a decent overview of my market and am running into challenges but that's not the point of this post.I guess I wanted to post about what I've been up to so far and will happily take any feed back for improvement!
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25 May 2022 | 4 replies
Hey BP Fam,When looking at a potential fix and flip deal, If the comps in the area aren't renovated/updated, does it automatically mean it's not worth getting into?
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25 May 2022 | 11 replies
You can automate 90%+ of your operations by:1) implementing a property management software with automated messaging (there are lots of options)2) using a dynamic pricing software (Pricelabs)3) finding a GREAT housekeeping company who is familiar with STR and can self-schedule with automatic notifications and live calendar access from your PMSThere is a lot of great info on the forum about self management and PMS recommendations.
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5 June 2022 | 9 replies
A recorded eviction is an automatic disqualifier.
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10 June 2022 | 3 replies
In our case, the tenant didn't show up so we automatically won.
27 May 2022 | 8 replies
This won’t automatically happen.
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6 July 2022 | 11 replies
This will expedite the process, they will not know this automatically, I usually get paid within a couple of weeks once I send the CARES person the court information vs 1-2 months with no eviction filed.
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2 June 2022 | 28 replies
After the initial lease ends the rent automatically increases for the M2M agreement.
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31 May 2022 | 6 replies
Does anyone know, does the rental calculator automatically include the PMI in the P&I number if it is a low downpayment?