Does the difference between ARV and Assessed Value in any way approximate the amount of repairs that a property will require?
Hi biggetpocketers,I have a small townhouse that was my first home purchase and I’ve been living in for 7 years. I’m moving to a different state so I decided to keep the house and rent it out. The house mortgage is a ...
I have 5 students who's lease expired and they all moved out, upon inspection inside my rental home, I found damages, took photos of it. hired some contractors from thumbtack app and facebook locally to fix some major...
I came across what MIGHT be my first big step into apartments, however, I have 2 problems: I need a cash investor to get the deal done and I need a very experienced person to help me check my underwriting on the deal....
Evening BP community! For those using or who have switched to rentredi, how do you feel about the tenant only being able to one click sign? I have initial spots on every page and multiple signatures throughout the lea...
Let's say we underwrite a deal and we think 3% growth in Gross Operating Income and 2% growth in opEx are reasonable. Because of this delta, NOI increases every year and Cap Rate as a result. But NOI can't grow infin...
I just bought a property in a new market and hired a property management company for the first time there. The turn of the unit was not a big scope of work -- about $1000 of mostly general cosmetic items. They got key...
After doing some googling, it the answer isn't very clear to this question: If I currently don't own a primary residence (just renting), can I purchase a vacation home that I visit 2 weeks out of the year for 10% down...
I am a first time investor looking to invest in duplexes and triplexes. I found some properties listed which are already leased out and are generating positive cash flow to the current owner. In such a situation, why ...
Hey Folks,
Renting my first ever property via zillow rental tool, just within 1 hour of posting I got an applicant. The applicant has solid credit score of 750+ and has a good household income as well. (Everything s...