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4 February 2025 | 4 replies
Quote from @John McCarthy: Even if the 60-day period has expired, you can still tell your tenants you want them out by the termination date.
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7 February 2025 | 0 replies
Here's a bit about me and what I'm up to:Background:Industrial Property: I've got an industrial property with about $1.5 million in equity.Real Estate Experience: I've been involved in multifamily properties, developed some industrial spots, and managed short-term rentals.Current Projects:1031 Exchange Plans:Objective: Considerin a 1031 exchange from my industrial property into assets like self-storage, multifamily units, Section 8 housing, or mobile home parks.Request: Given the current market and lookin' for steady returns, which asset class would y'all recommend?
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4 February 2025 | 11 replies
I totally recognize that is impatient and greedy.My gut is saying your short picture idea is where we're heading since we are taking the same hit with brokerage account (I didnt even mention borrowing against 401k - yes its not advised but my wife and I have stable W2 income to pay ourselves back) Thanks again, this BP community / forum is awesome
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24 January 2025 | 12 replies
This is why people are getting pissed with cold callers and your seeing very poor response/appointment/sales rates with PS data.This is what Joel Bongco has stated alsoIts absolutely true and I can go further and quantify exactly how bad the data is using my own study comparing PS to county records.I compared PS preforeclosure leads to county records across 167 counties in Texas (67), Florida (50) and California (45) by running searches for both PS ad the County recorders datbase for the period 08/01/2024 - -09/30/2024 and found thatFor TX which i measure preforeclosure leads as all lis pendens, appoinment of substititute trustee (Not a NoD but used for a similar indication) and notice of trustee filings.
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23 January 2025 | 4 replies
Oversimplifying it just a bit, the investor profits from:- a non-refundable option paid by the tenant-buyer which gives them the right to purchase the property within their option period- the spread between the rent paid by the investor to the property owner and the rent paid to the investor by the tenant-buyer over the life of the option- the spread between the price ultimately paid by the investor when they exercise their option with the owner and the price ultimately paid by the tenant-buyer when they exercise their option with the investorClear as mud?
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3 February 2025 | 26 replies
The best part is there is no ownership seasoning period with one of these lenders and they don't report to personal credit.
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17 January 2025 | 9 replies
Would you share 3 specific things I should do during my "training period" (if it includes a book, which one)?
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7 February 2025 | 14 replies
It's so much work to furnish and set up a short term rental.
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2 February 2025 | 1 reply
The Rise of Co-Living: As Airbnb Faces Restrictions, New Housing Models Win in Court 🏡⚖️Across the country, cities are tightening regulations on Airbnb and short-term rentals, making it harder for property owners to operate legally.
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1 February 2025 | 3 replies
I'm interested in flipping, and short-term rentals at the moment to build good cash flow, then pivot into more of a buy-and-hold/appreciation play 10-15 years from now.