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Results (10,000+)
Mark Hafner International vacation rentals
26 December 2024 | 6 replies
We are currently emerging them for Xmas in Malta.  
Mindy Jensen Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
And all suppliers and subs are current as is the customer .  
Marc Shin Boardgames and other low cost amenities in STR
28 December 2024 | 19 replies
Smart TV does not need Chanel’s just access to whatever the guest currently streams.
Christopher Charles Out of state Real Estate Development
22 December 2024 | 7 replies
We’re currently working on a complete renovation in Silver Spring, so feel free to reach out if you need any assistance or guidance—I’d be happy to help!
Chris Lu New BP member looking for STR budget feedback!
22 December 2024 | 5 replies
Cash Flow: The numbers currently show a negative annual cash flow -$21,242.
Jonathan Vinas Can STRs Work w/ Restrictions In North Nj / NY Self Managed Lake House or Cabins?
24 December 2024 | 25 replies
It is very seasonal but does very well in Summer and there are a lot of STR friendly towns.I have considered it however my current goal focuses more on a multi season rental and I am also more familiar with the non beach towns.
Alan Asriants Taking on a major construction project in 2025 - What are some common hurdles?
30 December 2024 | 10 replies
It is currently a glorified finished attic with little room- Use addition and raise it up and extend it to the side of the home for more finished space and room for deck, washer/dryer room etc- Make the living space as functional as possible with the added sqft- Add outside living structures like deckThis is a fairly wealthily area and I want to maximize my ROIWhat are some things you recommend for a large scale project like this and what are some hurdles ?
Justin Jefferson Can someone guide me through the first step of analysis
22 December 2024 | 8 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Joel Oh One platform strategy
2 January 2025 | 30 replies
There are many horror stories on collecting for damages from OTAs including a current thread on BP where guest left doors and windows open upon exit that resulted in frozen pipes.  
John Hanewich Looking for insight on building new"Small Industrial Units" 2500 square feet or less.
22 December 2024 | 4 replies
I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units.