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7 November 2024 | 30 replies
Hi everyone-We haven’t been able to get renters for our 3 bedroom, 2 bath property in Barryville, NYNow that we are entering into November we are worried that it will be vacant for the winter.Property manager has mentioned AirBNB / STR as an option but with property being empty for 4-5 months now ( long story - last tenants left it in shambles). we are debating whether to sell it as funds are scarce.I’m currently using zillow and posting on FB.Any other resources anyone can recommend for a rural community ?
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31 October 2024 | 3 replies
There's a ton of resources and information available and I'm looking forward to getting started.
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4 November 2024 | 26 replies
Below is a link to Josh Andrew's book which is an excellent starting resource, and an e-book from Dave Van Horn about NPL investing. https://www.amazon.com/Paper-Profits-Beginners-essentials-mortgage-ebook/dp/B06Y4C7X6Y/https://www.pprnoteco.com/wp-content/uploads/2016/08/Intro_to_Note_Investing.pdf
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31 October 2024 | 4 replies
Hi Michael,Welcome to the community- There are a lot of good professionals and resources here on bigger pockets to learn and grow.
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30 October 2024 | 1 reply
I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!
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26 October 2024 | 10 replies
They are simply more sophisticated and have greater resources to conduct more thorough diligence.
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30 October 2024 | 6 replies
There are a lot of great resources on BiggerPockets, whether you are just getting started or have 30 rentals under your belt.If you have specific interests or questions, find the appropriate forum category to read what others are saying or ask questions.
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31 October 2024 | 0 replies
This isn’t your average “buyer and seller” market; it’s about connecting with people who have serious goals and the resources to reach them.
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28 October 2024 | 24 replies
$1800 (high end of rent range) - $1535 (hopefully mortgage includes full PITI) - $90 (5% vacancy) - $400 maintenance/cap ex - $180 PM (at that low rent point I am using 10% all inclusive) - $50 misc (bookkeeping, utilities that are not tenant responsibility such as slab leak, tax man, allocation of asset protection, etc).
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1 November 2024 | 0 replies
Your CPA is the best resource for guiding you through this decision.