Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Mateo Arteaga

Mateo Arteaga has started 2 posts and replied 2 times.

Hey BP fam! 

I need some help! We found a great off market deal on a local duplex that will cash flow, appreciate and could potentially be a STR on one side. Went and looked at the property, minor rehab (maybe 10k). Problem is that we will be needing to use a conventional loan. We were the only offer a few days ago, the guy gets back to us and says there are more people interested and probably going to make an offer. I'm almost 100% sure there will be a cash offer of some sort that we will have to go against.

What can we do to at least give ourselves a chance against cash? Is there anyway to make our offer better and more appealing other than putting a higher offer? What would you guys do in this situation??
I appreciate any and all feedback! Thank you! 

Hello BP members!

I am in the process of currently looking to buy a STR in Garden City, UT! It would be my first STR, but I have ran most of the numbers on AIRDNA. The only problem I am having is trying to calculate the COCR? Can anyone help me out? Also, what % do you guys shoot for on STR's and is there any other variables I should be eyeing on the analysis side of things?

Any feedback is appreciated! TIA!