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28 August 2024 | 5 replies
usp=sharingCurrent Rent Long Term in 22302: $1800-$2200/moCurrent Rent Short Term AirBNB in 22302: $2000 - $3000/moCurrent Comparable properties at this price range (are condos with 500-$1100/mo condo fees) What made you interested in investing in this type of deal?
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30 August 2024 | 25 replies
., because it is short term, 30 days or less.
30 August 2024 | 13 replies
I've been telling my new PM for several years now that I was willing to put money into fixing things up, give the tenants a stipend for painting or gardening or anything they wanted to do to make it their own (long term tenants, most stay several years at least), etc.
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26 August 2024 | 2 replies
Hello BP community,I’m exploring different financing strategies for my next investment property and am considering using a Home Equity Line of Credit (HELOC) as the down payment for a buy-and-hold property.Has anyone here successfully used a HELOC for this purpose?
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2 September 2024 | 7 replies
Moving a property into or out of an LLC you own isn't a taxable event (as long as it's not an S corp).
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30 August 2024 | 8 replies
I just did a podcast where we discussed this and how people are in for rude awakenings when its takes 3x as long and costs 2x as much to renovate from afar if you are not there on an almost daily basis.
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28 August 2024 | 39 replies
Over the long term, RE has produced great returns.
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2 September 2024 | 7 replies
Flexibility: Land contracts can offer more flexibility in terms of payment schedules and interest rates.Risks for Buyers: Lack of Protection: Buyers may have fewer legal protections than with a traditional mortgage, especially if the contract is not properly drafted.
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30 August 2024 | 4 replies
Where are some places we can go explore in that area you've had success in?