19 March 2015 | 2 replies
The advantage I'm trying to put together by doing this is to force the price of the property a bit lower by bringing cash, then in the refi process hopefully have the property appraised at a higher value than I purchased it for, thereby enabling me to avoid having to put down 25% and tying up the money.
19 November 2018 | 7 replies
This enabled me to buy the property with cash, allowed for at 10k of repairs, and make sure all my normal bills would still get paid.

3 October 2023 | 15 replies
If you commit to one and don't like it, generally it isn't a huge deal moving firms but if possible, maintain your own 3rd party database so all of your contacts/leads don't stay with the firm.

16 June 2016 | 39 replies
Kind of late to the game in terms of response as I just joined BP, but I figured I may be able to provide some helpful information none the less.Speaking from the perspective of a former Boston real estate agent that specialized in rentals/income property, I'd highly advise speaking with managers or agents with good track-records at some local rental companies, mainly for 3 reasons.1) Unlike MLS for sales, no central database for rentals exists, period.

20 October 2023 | 4 replies
All borrowed at 0% and enabling all sorts of 'investments' and unprofitable companies to exist.

22 October 2023 | 2 replies
The STR cabin performed 2x our projections and the local bank re-appraised our property enabling us to leverage a Heloc to build a 2nd cabin on the property.

24 October 2023 | 7 replies
When choosing the right local agent, be sure that they not only know the local market and have experience but just as important... they should already have a local network of Realtors, Investors, Wholesalers and a database of potential sellers.

24 September 2019 | 9 replies
Many of them are constantly looking for opportunities to expand their business.The value of your contracts can vary dramatically. are the owners locked into a term agreement or are you managing them on a month-to-month basis that enables them to walk away at any time?

20 October 2023 | 11 replies
For ADUs that are enabled by state law (in main building or in separate building), ADUs (http://leginfo.legislature.ca....) must not have an owner-occupancy requirement between 2020 and 2025 per SB 13 (2019) (https://leginfo.legislature.ca...).For JADUs that are enabled by state law (≤500 sq ft within the main building), they *do* have an owner occupancy requirement (http://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?

26 October 2023 | 15 replies
Building your database of people interested in your property is key to back filling it quickly when your tenant suddenly stops paying.