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15 October 2024 | 5 replies
It sounds like you've put a lot of work into this renovation.First, let's break down your options:### Selling the Property- You've estimated a potential profit of $58k, which is a significant return on your investment.- Selling now would give you immediate cash to reinvest or use for other purposes.### Renting the Property- With a projected rent of $1450, you need to calculate the Debt Service Coverage Ratio (DSCR) to ensure it's viable
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25 October 2024 | 1 reply
Hi Blake, My company manages properties for others in New London (and the surrounding area), specifically single-family and small to mid-sized multifamily properties.
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17 October 2024 | 14 replies
@Moshe Cohen The easy answer is called "delayed financing" assuming you are buying/bought the property with cash.
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25 October 2024 | 2 replies
Hi everyone,I’m exploring the idea of purchasing a property in Big Bear Lake, CA to use as a short-term rental (Airbnb), and I’d love to hear from anyone with experience in the area.
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17 October 2024 | 4 replies
Hello BP network,Does anyone have a line a reliable property management company in Macon, GA?
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17 October 2024 | 9 replies
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26 October 2024 | 3 replies
I just bought a new property and I was wondering if I was going to rent this out, what repairs should I make in terms of the roof and should I add an addition?
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26 October 2024 | 7 replies
I have purchased and sold properties where the wrong lot description was put on the deed.
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17 October 2024 | 4 replies
Im currious the kind of loan option available for this kind of property.
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17 October 2024 | 4 replies
Hi everyone, I am a new user of biggerpockets, I am selling a renovated property.