Raj Patel
Cash out Refi
28 April 2024 | 9 replies
Hi Raj,Depending on the program you qualify for, lenders may use your personal financial statement - and thus possibly take your liabilities into account.
Miranda G.
Earnest Money Deposit Startups
30 April 2024 | 1 reply
Recently, I've encountered startups and companies offering quick EMD financing at high interest rates (around 3-5% per month).
Mounish Thatikonda
Failed to estimate a rehab
30 April 2024 | 8 replies
Scott's book The Book on Estimating Rehab Costs, it's quite good: https://store.biggerpockets.com/products/the-book-on-estimat...3) Always build in a contingency to your rehab estimate, I usually go with 20% over what I expect it to cost4) Make sure to account for holding costs too of courseI hope that helps
Mike Sperano
STR Insurance AirBNB
30 April 2024 | 4 replies
If I put the property in my personal name then its a non issue, but I can not find anyone to do specficly STR in a company name.Any help would be apprciated.ThanksMike
Eilon Shoham
Negative cash flow deal - Would you buy it?
1 May 2024 | 14 replies
You also have to take into account the local / state landlord laws...especially the ones coming down the pike in CA's November ballot --> "Justice for Renters Act" Not sure if it'll effect STR or MTR but as a general rule of thumb, I don't run numbers on best case scenario.
Rome Gal
Bad or good investment? Hard Rock Hotel Room San Diego...
30 April 2024 | 18 replies
At $250/night (This is mostly a guess as to value of a VIP room) with 28 nights it would be 42.8 years to break even without accounting for inflation (today's dollars are worth more than tomorrow's dollars).Do you get any of the return from the room being rented out on the days other than the 28 days?
John Thomas
Beginner looking for coaching/guidance/mentorship
30 April 2024 | 43 replies
It takes in account just about everything to give you a livability score.https://www.areavibes.com/Here is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FSecondly, When it comes to building a team one thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.
Samuel Meyers
Back dating a Verbal Lease with a Written Lease
29 April 2024 | 5 replies
His insurance company is asking for a lease that shows he had use of this area as part of the lease agreement.
Sohail Bas
How are you guys effectively challenging commercial property tax hikes?
30 April 2024 | 9 replies
Account Closed thank you for the information.
Nathaniel Linn
Aloha Friends! My Intro
30 April 2024 | 12 replies
Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon.