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20 July 2024 | 9 replies
Anything that is almost guaranteed to be used daily in your rentals (i.e. couches, bed, chairs), I'd try to invest in as much quality as you can for those specific items.Some store sites will let you filter for "contract grade" or "commercial grade" items - these are the sorts of furnishing that get put into higher-use commercial applications such as hotel lobbies, apartment building amenity spaces, etc.
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22 July 2024 | 2 replies
It's my only investment property purchase and it has cash flowed since day 1, not much appreciation though.
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21 July 2024 | 9 replies
The subdivisions are specifically zoned to allow STRs or they aren't.
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23 July 2024 | 0 replies
.% Paid in Cash: Cash purchases made up 60.0% of sales, down slightly from 61.4%.
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23 July 2024 | 0 replies
.% Paid in Cash: Cash purchases made up 51.8% of sales, down slightly from 53.8%.
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22 July 2024 | 17 replies
I used a HELOC to purchase two SFH around ~250k each as cash deals about 2 years ago.
19 July 2024 | 4 replies
Specifically, I'm looking for insights on:Finding a reliable hard money lender who can finance the entire purchase and rehab costs.Strategies to present this deal to the lender to increase the chances of approval.Any potential pitfalls or things to watch out for in the BRRRR process, especially given the foreclosure status of the property.Tips on managing the rehab while tenants are already in place.Thank you in advance for your help!
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21 July 2024 | 64 replies
you asked for specifics so here's a comment and a question.
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22 July 2024 | 2 replies
I have had success bringing complex situations to the creative folks of BP and letting you all do your thing... so going back to the well again.There is an area of our town that we would like to purchase our forever home.