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14 October 2021 | 8 replies
@Rahul SrivastavaThe short answer is only you can make that decisions, but there are some pieces to consider.1.
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18 January 2022 | 76 replies
That's why I consult with fellow investors before making any decisions:)
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8 October 2021 | 9 replies
When I comp a rental, I use the biggerpockets rent estimator then I follow it up with a call to a local property manager to verify that's an accurate market rental rate. nothing will beat calling a property manager, they have all the information you will ever need or want to make your final decision about a property.
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6 October 2021 | 1 reply
I'd also recommend researching "asset-based" lenders which evaluate a decision to provide financing based solely on the house and deal itself (not your personal income or financials).
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24 October 2021 | 19 replies
I was so intimidated by the large price tag I was going to have to put into my property to get it rent ready again, I decided to not make a decision and just keep kicking the can down the road.
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7 October 2021 | 1 reply
They aren't relevant estimates, they should not be taken into consideration in decision making.
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8 October 2021 | 2 replies
I have moved from one property to 4 and I am having a hard time with investment decisions.
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7 October 2021 | 1 reply
Moving into a condo unit, in my opinion, will be moving you in the opposite direction of what you're ultimately looking to accomplish.Best of luck to you on your decision!
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14 October 2021 | 12 replies
The lender will make their lending decision based upon the Debt Service Ratio of the property.
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12 October 2021 | 33 replies
But I wouldn't want to underestimate the power of a big news-generating company like Tesla announcing the CA->TX move as it feeds into the headlines and momentum of Austin as the new up-and-coming tech center in the minds of many news-watchers out there and will make decisions over the years to come of where they want to be/move to be part of the action of the future.