Sandeep Shukla
Long distance property management
5 June 2024 | 8 replies
Whether you should rent vacation rental (short term) or long term depends on your goals.
Andrew Schellpeper
House Hack to Springboard a company
5 June 2024 | 0 replies
Drafted a plan, gathered estimates, created a budget, put together DTI sheets, even got an "as-built" appraisal, and also have it in a permit status at the Local Building and safety office.Then I started to look into the construction loan and the permanent financing....to do it myself, and not through a builder.I soon realized that there are sooo many companies out there that want to try to help...but cant (some of them were even on this network of people): don't have builds on record, won't allow for owner-built homes, my credit is less than 680, while carrying the construction loan, there may be a point at the end where because i have my rental house while building that it become hard to pay, and I can't pull out a private loan to help start process because my credit cards balances are horrible...and my "business" has no show of income.So, now we are here in the present time....
Landon Lehmann
Looking for connections
5 June 2024 | 5 replies
We have 1 rental via house hack from 2021 and its been a great rental the last few years.
Zachary Harr
Long Time Lurker, Introduction
5 June 2024 | 9 replies
Current Assets:250k in 403B (max contribution)25k in 401k (wife 401k)400k in HYSA at 4.25% (need to move a lot of this, previously was saving for local Long-term Rentals... but haven't put enough effort into this."30k in checking50k in VTSAX15k in Disneyest 20k (bought side lot adjacent to property in 2020 1/2 acre for 15k... paid off)est 60k (bought back lot adjacent to property in 2020 3 acres for 45k... paid off)est 280k equity (Home valued est at 600k bought for 380, 320 remaining on note at 2.7% in 2020.
David Judge
Single occupancy as a requirement?
5 June 2024 | 6 replies
Is it possible to list a rental for single occupancy only?
Drew Harris
ADU Build in Arlington Texas
5 June 2024 | 11 replies
You can do a longer term rental, it just doesn't make financial sense if you need to front a lot of money to get it completed first.
Jalen Greenlee
Seeking Advice and Insights on Implementing the BRRRR Strategy in Milwaukee, WI
5 June 2024 | 15 replies
Happy almost Summer BP Community,I'm reaching out to tap into the collective wisdom of the community as I look to expand and accelerate my rental business using the BRRRR strategy.I currently focus on buy-and-hold investments in small multifamily properties (2-4 units).
Natan Gutt
Section 8 Voucher Redemption
5 June 2024 | 13 replies
I have a few long term rentals in Minneapolis and looking to find the right city to start in.
Donna Johnson
Anyone Experience w/ Amres Mortgage?
5 June 2024 | 3 replies
Anyone have experience/feedback with using Amres.com for rental property mortgage?
Morgan Alema
Sell or rent out primary due to move
6 June 2024 | 6 replies
However, with our current low interest rate and rental rates for our neighborhood we could also cash flow appropriately $1000 per month, keep it and allow for further appreciation over the next three years until we would need to sell to capture section 121 tax exclusion.