2 March 2019 | 14 replies
Some of them I have had awhile and now am able to command higher rents than when they were purchased.
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24 February 2019 | 2 replies
I have a lot of market knowledge here because of my sales history with other clients so we didn't have to use real estate agents in a traditional way and I handled all of the paperwork.
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26 February 2019 | 2 replies
Adding/removing users is tricky.
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24 February 2019 | 7 replies
@William GravesBefore walking a house, I estimate using rough $/sqft from previous experience.If that gets me near a purchase price that I think can be negotiated, then I'll go visit the property.Generally when I first walk through the property I estimate by taking notes on this spreadsheet:https://www.biggerpockets.com/files/user/kubaf/fil...While I'm there I am also using my smartphone to record the entire walkthrough, because I always refer to that video later during itemization.Then I go back and rerun my numbers.If the numbers are still in the ballpark I'll make the offer.If the offer is accepted, at that point as part of the property due diligence I will then spend the time to itemize the rehab costs and solicit bids based on the itemized scope of work.
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25 February 2019 | 3 replies
I use Propertyware and find it much better than Appfolio but every user is different.
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27 February 2019 | 12 replies
Typically, a nicer house in a nice neighborhood will both command a higher rent and a higher purchase price.
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27 February 2019 | 13 replies
Too long for here so go to my Profile https://www.biggerpockets.com/users/MikeM500 and follow the link.
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5 March 2019 | 6 replies
I do not think however that the economics work well, you are unlikely to cover your expenses as what you can command in rent may not cover a mortgage due to high real estate costs.
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26 February 2019 | 5 replies
How are other BP users finding the number of units on a given apartment building when doing due diligence?
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28 February 2019 | 9 replies
If there are no rents, then the appraiser will use rents from comparable properties, which may not work to your favor (never does for me).