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26 July 2024 | 18 replies
I can’t stay in or work or furnish services on my long term rentals that are in my SDIRA.
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21 July 2024 | 4 replies
For those who have tried Airbnb long term rentals (typical more than a month), how do you factor in the utility bills?
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25 July 2024 | 62 replies
I think that the very policies landlords here on BiggerPockets seem to fear and hate, actually are their best friend in the long-term.Please rebut.
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26 July 2024 | 11 replies
This is easier to achieve for short term rentals, and a bit tougher for long term rentals - but I've been getting close for LTRs as of late (closer to 7-8% for LTRs).
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25 July 2024 | 3 replies
My main questions would be: how long does the entire process take from applying to actually having possible tenants to start picking from, and how do they determine exact amount for rent (the amounts listed on the housing authority site seem way higher than market rent, I’m wondering if I will actually get those numbers or not)any other general tips or advice is also appreciated!
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26 July 2024 | 3 replies
Hello, this is my first post so bear with me it might be long!
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26 July 2024 | 1 reply
Real estate is a long game.
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25 July 2024 | 6 replies
We tried First Right of Refusal with our other neighbor's home, but it gives you zero leverage because we are in Asheville/Buncombe County.
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25 July 2024 | 4 replies
I haven't set specific targets beyond this initial goal, but I may aim to increase my passive income to $5,000 or $10,000 per month in the future.Current PropertiesI currently have two properties:The Loft:This property is rented out long-term and generates around $300 per month in passive income after HOA and management fees.The loft has approximately $100,000 in equity.The House:This is a brand-new build (2024) that I'm currently occupying through house hacking.I invested $70,000 in the property, which means I have $70,000 in equity.My plan is to convert this property into an Airbnb or long-term rental within the next two years.Short-term rental comps suggest I can earn around $3,500-$4,000 per month, while long-term rental comps indicate I can earn around $3,000-$3,300 per month.Seeking AdviceGiven my upcoming financial situation, I'm seeking advice on the best course of action.
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25 July 2024 | 2 replies
Posting the same question in multiple forums.After reading through, I learnt the lessons and applied it as regards questions I would normally ask about my interest in wholesaling as a strategy to starting in the Real Estate Industry, I realize a whole lot of persons had same questions and I learnt from the Responses on the various discussions.It also changed my perspective in the way I approached the vets in the house, right now I just want to connect, I mean we are seeking financial freedom and for most of us that is time to do what we want and if I don't have regards for your time by being valuable to you, then I don't regard you enough.