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6 January 2023 | 9 replies
A real estate attorney can help you understand your rights and responsibilities as a buyer or seller and can assist with the negotiation and drafting of the agreement.Overall, seller financing can be a useful tool for real estate investors, but it is important to carefully consider the risks and benefits and to seek professional guidance as needed.
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28 December 2022 | 4 replies
First, I hope everyone had a safe time with friends and family, especially with this massive winter storm ripping through the U.S.I'm a multifamily buy-and-hold investor and up until now I've basically filled all the roles in my business myself--from SEO/marketing, meeting with sellers, GCing and DIYing my own projects (mostly cosmetic rehabs), to shopping insurance, etc.
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27 December 2022 | 15 replies
While tools like AirDNA can be a useful resource for understanding the local vacation rental market, it's important to remember that they are based on estimates and may not always be completely accurate.
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27 December 2022 | 2 replies
If you do not have an appraisal on hand with market rent, I would use Zillow, rentometer, deal check, even biggerpockets has a rent tool as well - good luck!
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28 December 2022 | 18 replies
ARM is eventually better than IO, but IO could be a good tool if you add principal every year and "structure the payment" following 3% amortization ( I did this).
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21 December 2022 | 7 replies
Be sure that is not the case if you choose to go that route.A heloc is a great tool if you can have access to it in order to do the updates needed.
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2 January 2023 | 25 replies
This was before many of the tools available today and before AirBNB.
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31 December 2022 | 7 replies
I've been pouring over the resources here on BP, read several of the BP books, listened to hundreds of the BP and Straight UP Chicago podcasts, poured over the SAAS tools, started comping and evaluating deals and found several Meetups to attend.
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3 January 2023 | 8 replies
Private and hard money are great tools to get you into good deals.
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3 January 2023 | 15 replies
During my analysis with the rental property tool, I assumed a $3,875 Down Payment and 1,200 closing cost.