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23 November 2011 | 19 replies
As we continue to improve BiggerPockets, speed it always at the front of our minds, and today's changes have produced a significant increase in speed to the site.As always, we've got more great improvements to come, but in the meanwhile, I hope you enjoy navigating a zippier BP!
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28 August 2020 | 20 replies
I enter the lease information for each tenant (Customer), their deposits, every repair detail, capital improvement, etc.
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9 July 2020 | 11 replies
However, since I'm a long term hold, I won't see the depreciation benefits in year 10-20 when income will hypothetically be much improved.
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25 October 2011 | 14 replies
These can be expense to convert due to the need for energy efficient windows and insulation.
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21 October 2011 | 4 replies
Assessed value has nothing to do with market value or what you should pay.You are buying this property based off the income approach as an investment but generally single family properties use the comparable sales approach for valuation,lending,and appraisal purposes.Local recent sold comps would be a better gauge for current market value than looking at any assessment value.Now you do want to look at assessed value for property taxes.Fighting the property taxes and getting them reduced will improve your yearly bottom line.Make sure the cash flow of the property they are reporting does not include exemptions that do not apply to you or they have been putting off capital costs and maintenance to show and INFLATED NOI.
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22 October 2011 | 4 replies
While the principle is similar, the existing program (EB-5) is for commercial real estate only and is tied to job creation.This new legislation does not appear to have any job creation stipulations to it as it is geared to improving the residential real estate sales market.Personally, I think it's a great idea.
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19 February 2012 | 16 replies
It doesn’t get any improved than this.”No need to tell who the company is because it doesn't matter - I see similar mistakes everyday with online marketing pieces from companies all over the country.
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27 October 2011 | 7 replies
Ryan -- if the bank gives you credit for the net cash flow of the property (NOI minus P&I), which I assume is positive, then your DTI ratio should improve.
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10 November 2011 | 31 replies
An easy rate would be a couple points over the local bank CD rate, selected by the investor.When you start getting into improved values on properties held for sale, you can add interest equal to a shared appreciation amount to intice investors to go in to higher LTV properties flipped.
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28 October 2011 | 3 replies
In rare cases they have been well taken care of and improved over the years, but still probably not worth moving.