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3 February 2025 | 31 replies
Utter blasphemy, only "unsophisticated" investors buy in cash.An experienced investor once told me "why use my cash, when I could just default on OPM" I know its not popular thought on BP.. and of course ramp up requires it unless you inherit a ton of dough but as we age out I sure like free and clear and no debt.. just the hassle factor of having to make payments :)
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9 January 2025 | 107 replies
I've been told that Haysville is popular for the Meth.
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6 January 2025 | 13 replies
Tools like BiggerPockets Calculators and rent estimation tools are incredibly helpful.
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1 January 2025 | 32 replies
I utilize a PO Box as well.It wouldn't be hard for our tenants to find out where we live (tax assessor's online tool) ~ But for $50/yearly ... it gives me a bit more piece of mind :)
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10 January 2025 | 9 replies
If you decide to revisit STRs, you might want to explore properties where you can project expenses independently, such as using local STR forums or online tools to estimate maintenance, management, and occupancy costs.For networking and strategy-building, you might find local meetups or groups beneficial.
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9 January 2025 | 43 replies
It looks like Privy is a great tool for identifying investment properties by using up to date MLS data.
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2 January 2025 | 4 replies
These are prime locations, think near downtown or popular tourist destinations where demand for short-term rentals is typically high.
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16 January 2025 | 11 replies
I feel like in today’s day in age there are so many tools for STR operations and I cannot believe there is no integration for a merchant of sale transaction or some kind of financial app/ software that can take the remitted taxes and pay them to the government automatically.
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17 January 2025 | 35 replies
Any other automation tools you suggest ?
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23 January 2025 | 10 replies
Both strategies are great and have their pros and consOne of the biggest wealth building tools in real estate is the ability to purchase a property as a primary residence and put less then 20% down.