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15 November 2024 | 18 replies
In my experience like other things you get what you pay for. if you go with the companies that are charging super cheap rates - 5%, $100/month or something like that they don't have enough income to sustain a supportive team to actually help you manage your home. 10% is the going rate it seems in the city and that is where the better companies tend to exist.
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14 November 2024 | 13 replies
Not every lender can write mortgages in a way that support our transactions.
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13 November 2024 | 12 replies
https://airbtics.com/support/faqs/Hope this is helpful and let me know if you have any more questions.
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12 November 2024 | 1 reply
If you are audited the IRS will want to see supporting docs (e.g. calendar, CC statements, etc).If you've reached the end of this thread and your NGMI on RE pro there are a few more options:1.
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12 November 2024 | 5 replies
Josh here, an aspiring real estate investor who just found BP a couple weeks ago and am trying to learn the ropes.I find myself where I assume most people start: trying to decide on a niche and a market to support it.
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12 November 2024 | 47 replies
I showed them and provided my emails from customer support as proof that posts cannot be deleted, and that I updated a reply to my post, nothing came out of that.
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12 November 2024 | 8 replies
Connecting with local investors, lenders, and contractors will give you valuable insights, support and advice as you move forward, and platforms like this are perfect for bridging the gap when in-person meet-ups aren’t feasible.
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11 November 2024 | 13 replies
I arrived at $450K based on working backwards to what loan amount at 80% LTV could be supported based on the rents and DSCR of 1.25.
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13 November 2024 | 9 replies
Ensure it cash flows comfortably.Market & Location: Research local rental demand, property values, and any applicable LTR regulations to understand the area’s potential for long-term success.Future Potential: Consider if the property could appreciate or attract quality tenants over time, supporting stable cash flow and asset growth.This checklist should set you up for a solid LTR investment!
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13 November 2024 | 12 replies
In some cases, if the ARV is outlandish or the change in value is rapid and extreme (ex: purchasing for $100k last month, appraising for $500k thirty days later), it may need to be supported by a CDA or evidence of repairs/upgrades.