27 October 2019 | 5 replies
Some things that caught my attention are:1) Half of the roof was replaced two years ago, the other was replaced 7.5 years ago2) House will need a new furnace3) Suspected that a column has settled in the crawl space.
20 January 2016 | 18 replies
that's funny brah, but you were singing a different tune on this thread: https://www.biggerpockets.com/forums/311/topics/26...Care to reconcile -;)I am HAPPY to be proven wrong by someone making something work that I might have suspected would be improbable. :)Any rule of thumb is going to have examples of folks doing the opposite and succeeding.
5 May 2017 | 64 replies
I would be suspect of your agents opinion that yhou can sell and the home fell by 50% because of one bad house.. now I can see it takes longer to sell. but that seems extreme to me.Just go to Charleston SC I have built and sold 500k homes sitting next to dumps that were ready to fall over... and here in Portland same thing you can have brand new next to junk and it does not affect value.
5 June 2023 | 6 replies
Quote from @Atul Mohlajee: I suspect it's a sewing machine, a foot massager, or some other innocent device.
2 June 2023 | 19 replies
Without getting too salesy in the forums (to avoid restrictions from BP admins) I'd say 80% LTV is somewhat widely available for DSCR on more or less turnkey purchases (pending debt coverage) although I suspect some loan officer could chime in saying they can do 85% DSCR (won't debt cover at today's rates in 99% of cases especially with property taxes in TX but this is a fairly common "blowing of smoke" I see here in the forums).
6 March 2018 | 12 replies
Prior to purchase I asked if it was on city sewer as I suspected it might not be (the backyard had an old, shut down well) and was told "yep".
25 January 2020 | 16 replies
If anything seems suspect you might want to speak with your agent about possible recourse.Regarding communication and coordinating work my tenants are all responsible for accommodating work requests and being present to let in vendors.
7 March 2020 | 4 replies
well a vacancy can be pretty costly unless you think it will basically always be in high demand. also being a 1 mil home one would suspect the finish's are top end.. so any where and tear there could be costly to replace.a 50 dollar faucet could be 500 in a high end home that kind of thing.
21 April 2023 | 11 replies
As i suspected, there is no real estate in this transaction.
17 July 2021 | 11 replies
@Michael MorelliThese “unique” stays are a great advertising and marketing strategy for the STR apps, but I suspect aren’t profitable as investments.