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11 January 2022 | 4 replies
Once you have your NOI, see what the cap rates in the area are trading at.
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10 January 2022 | 3 replies
There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proI like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts
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10 January 2022 | 3 replies
All cost are from local area Pricing, You could call your local Construction supply company Like White cap or HD Supply.
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10 January 2022 | 4 replies
Key features of Denver’s short-term rental laws, rules, and regulations include:All short-term rentals must have a license.Any short-term rental must be the host’s primary residence.All advertisements must display the host’s business license number.All short-term rental hosts must follow rules related to safety, taxes, zoning, and insurance.Hosts who do not follow the rules could be fined, or could lose their license.It sure seems like you’d be risking your primary home and it’s equity on a speculation play.
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10 January 2022 | 6 replies
Have also fumbled around on AirDNA and love how easy they make it to figure out the cap rate on properties.Thank you in advance for any and all advice!
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12 January 2022 | 6 replies
With 25 percent down and self managing the property myself number look like this Rent 1750vacancy 87$ or 5 % insurance 718 $ sfarm Ptax 4500$ maintenance 2 % its a 2019 built home hopefully not to many issues cap ex 2%Hoa fees 38$ per month loan payment $1025 ( prinicipal and interest) Cash Flow should about 100$ from day 1.
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10 January 2022 | 6 replies
Take into account the cost of the rehab possibly going over, carrying costs, cap ex, etc.
20 January 2022 | 6 replies
The 5 Bedroom, 4.5 bathroom home features a bedroom on the ground floor, three bedrooms on the third floor, and a loft that can be converted into a bedroom in the fourth floor.
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11 January 2022 | 7 replies
I did google some but there were a ton of options and a few different levels of service/features (national MLS listing vs local, allow changes/updates to the listing, etc.)
12 January 2022 | 20 replies
@Will Corral just find cash buyers that want rentals in the Cleveland markets , Connect with someone that has done 100s and 100s and 100s there and provides double digit net caps, 100% hands off, They will pay you a referral fee, GOOD LUCK