1 October 2021 | 8 replies
., is there data that compares the number of syndications in the past versus those available now?
27 September 2021 | 2 replies
So if you do want a HELOC get it before you move out.HELOC - Pros: Fast cash, easy access, flexible; Cons: Floating rates or higher rates, less available equity as cash, short AMMO; use to take advantage of opportunities quickly then find long-term financing later, best to pay of quickly due to increased expense over other financing optionsCash Out Refi Mortgage - Pros: Excellent terms (low INT, long AMMO, higher LTV=more cash), stable/low INT rates; Con: SLOOOWWW to take out compared to HELOC, slower to reorganize/restructure or close out; generally these are good for financing other deals that are longer term and stabilized in nature.
26 September 2021 | 1 reply
A normally overlooked aspect of construction/development is not comparing the opportunity cost of getting into another property in less time and less money out the gate, so keep that in mind.
27 September 2021 | 3 replies
Is it much harder to find renters in the suburbs compared to in the city of Boston ?
28 September 2021 | 7 replies
That's nothing compared to the bigger high priced cities.
19 November 2021 | 27 replies
~Rough ratios allow you to compare zip codes and regions fairly quickly before you get into more property specific due diligence (taxes, insurance, utilities, etc)
27 September 2021 | 0 replies
The property was only appraised on a comparable basis with no comparables in the near area it under appraised.
7 October 2022 | 4 replies
under appraised values by the HML because of lack of comparables.
30 September 2021 | 7 replies
The information I am looking to obtain is how to gauge demand, pricing per night, locations to choose, and comparable properties so you can compete!
30 September 2021 | 6 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.