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Results (10,000+)
Miguelli Fernandez Conventional vs. HELOC vs. Home Equity Loan
12 August 2024 | 12 replies
I'm thinking the liquidity of the HELOC would be great to pull the trigger on a good deal when it comes and I don't want to pay interest on taking out money I'm not actually using yet since I haven't found a property yet.  
Joe Noone STR Rules, Regulations and loopholes in St Petersburg, FL
15 August 2024 | 11 replies
It was not a big deal for him as he already owned it as an LTR previously and furnished it in hopes of using it as a second home when he lived in CA.  
Nate Bog Give up my IT business and go full time into BRRRR?
13 August 2024 | 7 replies
There are so many moving parts in a BRRRR deal that you need the security of your primary income.
Carlos Garcia Have not been able to sell my 2 flips?
14 August 2024 | 16 replies
There is not much buyers out there buying, on the flip side I have been able to buy 4 properties this month that were really good deals.
Nubia Silva Help! My downstairs neighbor has a leak, possibly coming from my condo
10 August 2024 | 4 replies
Unfortunately, I have not been able to get in touch with the landlord directly, as they have PM.
Samuel Coronado Developing a new mobile home park- Help
12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).
Brandon Turner Do YOU listen to the BP Podcast? Then PLEASE help us out!
11 August 2024 | 99 replies
iTunes is just the largest marketplace but anyone can listen directly on BP on the shownotes page or on Stitcher or Soundcloud! 
Alan Asriants NAR Settlement - HOT TAKES
9 August 2024 | 184 replies
Buyer will miss on deal after deal..
Theresa Hansen Squatters on premises
12 August 2024 | 3 replies
Our agent has experience dealing with/removing squatters and Georgia just updated their laws regarding squatters.
Sam McCormack What do you look for in an Agent you work with?
12 August 2024 | 3 replies
A realtor can make or break deals, tell me about yours!