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17 October 2018 | 21 replies
You could probably double or triple your profit each month with a STR, but you would probably quadruple the amount of headaches and responsibilities.
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15 April 2019 | 1 reply
A custom trust document can be thousands of dollars, title work always costs more than really necessary, and I end up writing most of my own contracts now anyway (at a fair amount of risk I'm sure).
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17 October 2018 | 3 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
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25 September 2018 | 1 reply
The amount is negotiated with them directly.
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26 September 2018 | 4 replies
If you own your own home in the area (or know someone who does), the amount you're paying for homeowner's insurance is usually a reasonable estimate.
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25 September 2018 | 1 reply
Depends on your goals, your timeline, the amount of money you are planning on investing, the cash flow it generates, if you are married or single, your annual income, your tolerance for "tenants, turmoil & toilets", and a couple of other things.
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26 September 2018 | 3 replies
If I can justify a rent increase, I will increase the rent and offer another one-year lease at the increased rent amount.
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3 November 2018 | 12 replies
If you can show that it's going to be X amount of dollars, get three quotes of how much X amount of dollars is to fix that property.
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3 October 2018 | 2 replies
You're owed this amount.
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26 September 2018 | 4 replies
I don't know the loan amount but you have to do your calculations if its worth to do refinance again.