5 April 2019 | 4 replies
A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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25 February 2019 | 10 replies
I understand that some folks like to play the game around getting a "Second home" mortgage versus an investment property rate, but I'd rather stay on the safe side liability/tax wise.7) If you had the opportunity to build a brand new house purpose built for STR, what are some of the features it would/should have?
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27 February 2019 | 17 replies
A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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23 February 2019 | 6 replies
First, without being in the property, it's hard to understand the unique features of each property.Second, there's a liability issue.
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26 February 2019 | 6 replies
Current property taxes are roughly $1,000/yearCurrent owner pays $350/year for insurance.Current Tenant is paying for electric and sewer (House is on a well, so no water).We think the property will need $10,000 of work to be ready for a short term rental (Air cons, some drywall work, moving/updating the well, landscaping)Our ideal plan is to turn it into an outdoorsy airbnb with a nice backyard feature. 3+ bedrooms in the area go from 60-120/night with ~68% occupancy on airbnb.
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27 February 2019 | 13 replies
I will not expound on all of the features but suggest that you look for yourself if this is your only option.
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5 February 2019 | 1 reply
The site already has excellent calculators from what I can see.If anyone has a "wish list" of features they'd want to help them run their real estate business, I'd be curious to hear about it.
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7 February 2019 | 4 replies
A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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7 February 2019 | 1 reply
Things that increase or decrease your rent are things that cause the utilities to go up or down, such as size, number of shared walls, utilities, appliances, type of heat, any energy efficiency features, etc.
6 February 2019 | 2 replies
But shop around for the ones with features you are looking for.