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23 June 2024 | 38 replies
Quote from @Denise Evan’sThe lesson--the landlord should check all smoke detectors at least annually, and replace all batteries at that time, and invoice the tenant for the expense.We just replaced the batteries in 52 smoke alarms last month.
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24 June 2024 | 20 replies
Plus these insurance rate averaged $6,000 /year, so $500 / month...
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23 June 2024 | 8 replies
Hi William..hope things worked out, we're working several small balance plexes for investors..terms are actually quite workable as rates have declined during the past two months.
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22 June 2024 | 12 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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23 June 2024 | 5 replies
Hello BiggerPockets Community,I'm a newbie landlord I've decided to offer my property as a medium-term rental (typically 1 to 6 months).
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23 June 2024 | 12 replies
Is around 100k a high enough budget to have something attractive enough rented out each month?
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22 June 2024 | 5 replies
The 1 bedrooms get significantly more per month on MTR than LTR.
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25 June 2024 | 51 replies
Tune in for the NFL draft later this month and see for yourself.
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22 June 2024 | 7 replies
I would look at the existing STR's and see what their bookings are like in the next couple of months.