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4 April 2024 | 1 reply
I've often heard BP use the terms "Cash Flow markets" and "Appreciation markets", and they are generally referring to low-priced markets as "Cash Flow" and high-priced markets as "Appreciation".
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4 April 2024 | 42 replies
If I were you, I'd either find another company, or get a trailer and a helper and go pick them up yourself at Lowes or Home Depot.
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4 April 2024 | 32 replies
For my small size it seemed unnecessary and I didn't see the benefit in the small companies for a small time guy like myself.What I do is I can collect rent through Venmo (free), I have a tennant application embedded into my website (cognito forms...also free) I screen tennants through mysmartmove.com (Transunion's company gives you credit report, background, criminal, eviction etc. and tennant pays for the screening so also free.)
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4 April 2024 | 3 replies
I moved from NorCal to live and invest in Reno, NV because I still wanted to be close to the Bay Area but wanted to have much more favorable landlord/tenant laws, low property taxes (that don't reassess on the sale), consistent diversified job growth, and land constraints for higher appreciation.
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2 April 2024 | 6 replies
I'm in New Hampshire.My net worth is pretty good because I own this and another STR condo outright but I'm low on cash flow due to prior rehab and just coming out of the slow season.
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5 April 2024 | 20 replies
I wonder if a hard money lender would give you a year at 8-12% interest because you have such a low LTV?
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4 April 2024 | 1 reply
But rates are killing the housing market, which is at historically low inventories.
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5 April 2024 | 6 replies
Or like now when the ROI on bricks and mortar is so low because of interest rates.
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4 April 2024 | 5 replies
Each time it rained hard, water would rush down the hill and go into my basement via a too low window well.
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4 April 2024 | 3 replies
I have a prospective tenant that filled out an application.However I need some advice on qualifying this individual.The current rent is 3600The applicant is a family The Spouse doesnt work The main applicant gross W2 income is around $10000 monthThe monthly net income is $5700No car loan's No credit cards balancesThey pay $800 month on a personal loan.Since a rent check is written after net income is received.