John Cook
CPA and Legal
13 March 2024 | 13 replies
Hey @John Cook, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
Mark Cotter
I love Cali but.....
15 March 2024 | 31 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Christian Hutchinson
Airbnb's no-camera policy
15 March 2024 | 43 replies
All it takes is one kid running around naked and you capture the image on your cameras...Like @Russell Brazil said, that would be BIG trouble.
Valentino Sierra
Active duty (First house buy questions)
15 March 2024 | 4 replies
Buying a home and renting out rooms, especially in a high-demand area like Virginia Beach/Chesapeake, can be a great strategic move.Your strategy has potential, especially given the housing costs near bases and the benefits of your VA loan.
Alexander Virtue
New Member - Los Angeles Area
14 March 2024 | 1 reply
Looking to acquire (initially) small, 2-4 properties outside of CA; focus on low-tax, high growth markets (e.g.
Sandy G.
Prospective tenant wearing cap with marijuana leaf motif to showing
15 March 2024 | 10 replies
it’s just weed, long as they paying the rent on time. blaze up. it’s a part of business, i don’t mind it. if it was something else, i would be highly concerned. like you have to vacate concerns.
Josh Schaap
Driving for Dollars - Direct Mail Campaign Advice
13 March 2024 | 11 replies
Feel free to call up the various marketing companies in our area, that's the engagement rate for mailers in T.C. about 2% for a quality mailer focused mailer.
Branden Wilson
Basement Remodel Cost Estimate Based on Square Footage??
14 March 2024 | 3 replies
Any input on a number you use to create a high level estimate to finish a basement based on square footage?
Katrina O'Bannon
Hard Money Loan Draws
14 March 2024 | 18 replies
These inspectors do not check for quality of work and they do not check if mechanical work is up to code.
Michelle Chevalier
Thoughts on Debt/Income ratio on a joint lease
14 March 2024 | 3 replies
If your State law allows it, you can ask for 2 month security deposit if you think they may become high risk or you can simple move onto the next application.regarding the mortgage in question and monthly debt payments?