BP,I am an investor and a Marine in the Eastern North Carolina area, specifically Newport, NC. MCAS Cherry Point and Marine Corps Base Camp Lejeune are the military installations in this area. I have been bouncing aro...
When someone states their criteria for cash flow is x amount, do the mean before or after all expenses vacancies and reserves? For example: I was listening to a podcast 153, Linda McKissack, this weekend and she state...
I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...
Is there a way to accept credit cards (through VRBO) without opening up a merchant bank account and all of that? How do people usually do it?
How do you pay the interests and monthly debt service on a construction loan if you are a new construction company in your first project?
Hello Biggerpockets,I would like to hear your perspectives on this.I do not pay property tax in Chicago and I found that I can purchase a triplex/quadplex in Chicago or the suburbs for up to 800k. After this write-off...
We're in escrow on our first duplex. Wondering if its "normal" to keep home warranty polices in place? Whats your experience? Do you keep home warranties on your properties, or just deal with the issues as they ari...
Does anyone have experience acquiring seller financing deals? I'm nervous because we are highly leveraging this (95%). Which means no cash flow in year one. Any advice here would be helpful.
Also- does seller financ...
We have an off-market 18 unit apartment building under contract, with a mix of units (1 studio, (6) 1BR and (11) 2BR units).I own 10 units in the area; however, they are a mix of 1-3 unit buildings. I'm much more expe...
I have my short-term rental on Airbnb and also have a direct booking website. Currently, the direct booking site is very basic and does not allow for online payments (yet). I have two upcoming direct bookings in Sept...