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When do you determine the 1%-2% test?
1) Purchase price
2) Purchase price plus rehab costs
3) Appraised value after rehab
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Hi guys, I wanted to give back to the BiggerPockets community as everyone here has always been so helpful. I'm currently working on a new property management platform that combines software with a trained team and AI....
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Are asbesto and lead testing required for water damage repair related demolition in Texas?
Been working with a california-based water damage repair company. They said they cannot open the wall without asbesto and lea...
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Hi Everyone!My team and I are trying to test a product that will help bankers, lenders, and brokers on their underwriting and credit analysis of a borrower and their investment. It's a combination of machine learning,...
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Home is listed at 84,900, 3/2/2 (1450 sf built in 1974) with rent expected of about $1,150. It was stated that it would need a full rehab. Turns out it was a 2/2/2 it it needs everything!!! 2/2/2 homes that are com...
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I'm in the process of setting up a direct mail campaign, and I'm looking for a service which can set up my phone number along with multiple recorded messages. My goal is to randomly play one of the recorded messages ...
I just took the Maine real estate sales agent exam. I passed the state but failed the general. Do I have to retake both sections? Or just the general?
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Hello, so my friend purchased a home built in 1961 in Ventura county (Moorpark/Thousand Oaks/Westlake Village/Simi/Agoura area) with popcorn ceilings with the intention to rent it out and/or Airbnb part of it. 1) Sho...
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My wife and I live in the Pinehurst, NC area (about 30 min from fayetville). My wife and I are looking at buying a home to live in for 1-3 years and then turn into a rental. Rent in the area goes for 1400-2000+, but t...
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I have a tenant that claims that there is mold in the rental property. My contractor when by and said that in his opinion there was no mold. The tenant wants the property owner (me) to pay for a mold inspection. Who s...