Ryan Enk
Beware of Changing Local Laws with STRs!
26 October 2018 | 5 replies
Then imposing a nominal annual registration fee and an additional tax on short-term rental income.
Eli M.
Rehab loan vs out pocket cash. Deal Analysis
25 October 2018 | 3 replies
I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entire deal with my own money (cash).The rehab loan will enable me to obtain an additional property, so in six months i'll have two properties ( one with the loan, another with my cash) but it'll cost me an extra $10k (on top of the regular down-payment which in any case i'll have to lay out) .
Laila Farally
[Calc Review] Help me analyze this deal
29 October 2018 | 7 replies
To make it easy, I add additional 1% for PM fees.Long story "long", I use 11% for PM fees :)
Colby Willetts
Sell/Refi/HELOC - Best Way to Leverage Our Equity?
26 October 2018 | 4 replies
My main concern was that with a HELOC I would not want to carry the additional payment for a long time, so maybe investing in a flip or something that would allow me to recoup the cash within a relatively short period of time would be most beneficial?
Tim Kaminski
First Deal Done- Thoughts?
26 October 2018 | 4 replies
Some of the larger expenses-Interior/Exterior Paint, Storm shutters for a few of the front large windows, added additional cabinets to one unit, New refrigerator from Dent/Scratch store after old one died, Laundry units that tenant pays +$50/mo for etc.
Cheyne R Sexsmith
Meeting my First Agent
26 October 2018 | 14 replies
The additional expense of becoming an agent is prohibitive for me.
Thang Nguyen
Estimate the roughly cost!
25 October 2018 | 1 reply
Also have a good reason for great discount!!!
Dennis L Lewis Jr
Insert Your Favorite Multi-Family Book Here!!
20 September 2019 | 16 replies
I may pick that up next, just wanted to get some additional options.As the title says, post your favorite or most influential Multi-family/commercial investing book here.
Derek Lester
Investing in a Truck
27 October 2018 | 6 replies
@Derek LesterFollowing the fine example of @Joel Florek, let me just say that different things work for different types of investors and in addition every area is different.
Account Closed
Short Term Rentals/ AirBNB in Asheville NC
27 January 2021 | 13 replies
Hello BiggerPockets community,I'm a new to real estate and was hoping to get some advice on AirBNBing in Asheville NC.The reason for my inquiry is because I'm hoping to buy a house and use AirBNB to househack it.If any additional info is needed please let me know.Any advice would be greatly appreciated.Thank You,Evan Morales