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23 June 2024 | 14 replies
Me personally, it took me a while to understand what the expectations were for rentals in my market for different classes of rentals and it was much different than I would have expected at the beginning.
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20 June 2024 | 245 replies
Personal Actions.
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23 June 2024 | 7 replies
So if it’s a $10 million deal and we are using 50% leverage then the capital raise is $5 million my partner and I will personally invest between us $500 - 750k into the deal under the exact same terms as the other investors.
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22 June 2024 | 129 replies
(biggerpockets.com)Real life returns in the Smoky Mountains (biggerpockets.com)
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22 June 2024 | 5 replies
From CSLB:This section defines what an owner-builder is and the laws surrounding the practice.An owner-builder is what the term indicates: a person owns the property and acts as their own general contractor on the job, and either does the work themselves or has employees (or subcontractors) working on the project.The work site must be their principal place of residence that they have occupied for 12 months prior to completion of the work.The homeowner cannot construct and then sell more than two structures during any three-year period.Getting a GC license and going Legit is pretty difficult.
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22 June 2024 | 0 replies
I’m looking for Net and occupancy for 2023.The unit I have a contract on was mostly used for personal use, I’m looking for rental numbers…. and sellers aren’t willing to give these up.
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22 June 2024 | 10 replies
When I am looking to buy properties, I have to walk through personally to not only see the aesthetics but also the systems and layout which are hard to evaluate from pictures.
21 June 2024 | 14 replies
@Michael KattouahOne of the few things that I've learned in college that has actually stuck with me is that life is an income statement game, not a balance sheet game.I'll pay you $100,000,000 for a $300,000 house if you let me pay you $1,000 a month for the next 8,334 years.
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22 June 2024 | 5 replies
I think I'm a bit of an oddity in that I've been researching personal finance and real estate for years (still nowhere near an expert), but have never taken the step to reach out on forums to like-minded peers.
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22 June 2024 | 17 replies
(e) While a person may examine and consider a criminal background check, credit history, or rental history in reviewing an application for rental housing, the person shall review and consider additional history in reviewing an application for rental housing, the person shall review and consider additional information provided by the rental applicant, including, but not limited to, personal references, recency and status of any evictions, and any actions taken by the rental applicant to resolve past evictions, credit challenges, or alleged damages, the recency and severity of any convictions, the violent or sexual nature of any prior convictions, the facts or circumstances surrounding criminal conduct, the age of the applicant at the time of the conduct, the age or vulnerability of the victim of the conduct, evidence that the applicant has maintained a good tenant history in the intervening time, and evidence of rehabilitation efforts, consistent with state and federal law, including, but not limited to, fair housing laws.