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19 December 2024 | 37 replies
There are a multitude of roles, stages, and responsibilities for each and every unique project.
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29 December 2024 | 30 replies
As @Patrick Drury mentioned- the West Side does not have any POS areas (besides Lakewood, but it's only needed for previously non-owner occupied/rental properties) Something else to consider in Cleveland proper is Lead Safe Testing ..
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21 December 2024 | 1 reply
Based on my extensive research, the data suggests the following success and failure rates nationwide:Success Rate: 70-80% for experienced investors, 50-60% for beginners.Failure Rate: 20-30% overall, with 10-15% leading to significant losses.I’m eager to hear insights from any BP members who would like to share their thoughts.
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24 December 2024 | 5 replies
YOu get on a big team so you are fed leads with NO cost.
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27 December 2024 | 34 replies
I do not know him, but the path he is leading you is a difficult path Note difficult does not imply impossible; there are people who are successful with S8 housing In my area s8 is so undesirable that they write laws trying to make it challenging to not allow S8 tenants.
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19 December 2024 | 2 replies
Here are a few additional ideas that have worked for me and others in competitive markets like Austin:Off-Market Leads from Contractors: I had a friend who rehabbed a house in North Austin last year.
23 December 2024 | 9 replies
Even moving for work (not switching jobs) usually has a reasonable lead time.Yes, your other concerns are also valid.BTW, if I want to verify a bank statement, I ask them to bring it up on the app and show me.
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17 December 2024 | 8 replies
Investors should therefore exercise significant care when choosing their Qualified Intermediary because of the critical role the company will play in the administration of their 1031 Exchange transaction.It is extremely important to note that 1031 Exchange Qualified Intermediaries are generally not required to be licensed, regulated, audited or otherwise monitored by any regulatory body.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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26 December 2024 | 10 replies
@Federico Dallo you mentioning vacation-type locations leads me to guess that you may want to use the property yourself occassionlly?