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25 November 2024 | 11 replies
Sounds like it could generate some good monthly income, but it could also be a hassle being that far away and only 1 property.Yes, but we have friends in Fairhope that manage rental properties so we aren't as concerned about that.
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24 November 2024 | 10 replies
After nearly 3 years of operating history, I'm concerned that the properties are not performing well enough to warrant continuation of the venture, and I'm considering selling.
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19 November 2024 | 11 replies
Mobile homes are relatively cheap.
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22 November 2024 | 12 replies
If you have any questions or concerns, please dolet us know so that we may address them."
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29 November 2024 | 27 replies
I suspect this would happen if various parties were given the ability to ask questions in nearly every application for what this thread touches on - and I have major concerns about integrity (and credibility) issues involved in putting yourself in a position to defend this position if ever challenged.
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22 November 2024 | 2 replies
I am more concerned about social media posts, as there is no real way to add the required information without turning every post into an advertisement, as compared to sharing real estate information or deals we are working on.
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28 November 2024 | 13 replies
Is there any concern that the local government would ever ban short term rentals altogether?
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26 November 2024 | 15 replies
DM us if you'd like some 1-on-1 assistance.Hi, Drew, actually I asked about the Sentinel Fund, for a friend and came on BP to ask professional if its legit or not, and now I put this post to go "fishing" for the right team to build, I do thank you for your concern for not being taken advantage of, but thats what this platform is for, to find, hopefully, a real estate agent, property manager etc. when I say fishing- someone that will take the TIME to ASK the right questions and actually has the experience to prove what they can do, have done and will do for you!
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26 November 2024 | 35 replies
Will be far easier to purchase more property with 10% downpayments vs 20-25% for each one.Umbrella insurance isn't too expensive, $2M for $1200 per year.Just be sure to run the properties as a good business, address any concerns brought up by the insurance company (they usually do annual inspections).
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22 November 2024 | 5 replies
. $100,000 is definitely enough to acquire a long-term rental in Montgomery—it’s one of the most affordable markets in Alabama, after all.As for your concern about being unable to lease the property out, I imagine you’ll be fine.