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17 December 2024 | 86 replies
Learn to outperform the market by looking at property entry values and resale values based on improvement.
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14 December 2024 | 13 replies
Shortly after Roofstock acquired them I have seen improvements and haven't had issues with bank account connectivity.
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16 December 2024 | 18 replies
Furnished Finder does make it tricky since you need separate profiles for each room, but platforms like Apartments.com or Airbnb might work better if you're aiming for full-house rentals or structured by-the-room arrangements.If you decide to rent to multiple individuals:Tenant Screening: Screen each tenant thoroughly to ensure they’re reliable and responsible.Clear Communication: Introduce potential tenants to one another Detailed Agreements: Use separate leases for each tenant and specify shared vs. private spaces, utilities, and maintenance responsibilities.House Rules: Create clear, written house rules to prevent misunderstandings.Inventory Tracking: Document everything in the home (furniture, appliances, etc.) to avoid disputes about damage or missing items.Also, market your property with its flexibility in mind—like proximity to hospitals for traveling nurses or universities for graduate students.
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20 December 2024 | 20 replies
Additionally, considering the time value of money is crucial, as deferred gains and tax efficiencies may improve long-term returns despite upfront losses being largely on paper.
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18 December 2024 | 26 replies
For example, if the listing is selling for 200% of the last purchase of two years ago with no improvements, etc.?
10 December 2024 | 2 replies
If you want to get the most out of your new Pro membership, add a photo, a bio, and some information in your profile so people know they are communicating with a real person.
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13 December 2024 | 35 replies
I would make one distinction and that’s between an expense and a capital improvement.
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17 December 2024 | 16 replies
I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.
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11 December 2024 | 8 replies
I need something else, but is there another product out there that has the property profile capability?
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15 December 2024 | 12 replies
And keep in mind that the rate on the 2nd lien will likely be 10-12% so depending on the cash flow it might not actually yield that much cash to you at closingMore importantly, it's just more debt so ultimately it sounds like you need an income-producing event to actually improve your situation and avoid some of the consequences that you mentioned