When analyzing a luxury short term rental (STR) vacation home for investment in today's mortgage rate environment, the ROI & margins can be extremely tight. Investors that are looking to offset their investment co...
I am in the Airbnb for 3 months now with a full house dedicated to only Airbnb, (2/2 bungalow) and I gross about $1200-$1300/month on it. This house would rent monthly for maybe $800-$850 a month so it sounds good, B...
So as some of you know, there’s a hurricane come this way and I have quite the issue. One of my tenants are supposed to move out 9/30 but since they are Sec 8, the county can’t inspect their new property until the 4th...
Hello,My tenants who I have already gone over and beyond for (my fault and learning experience) decided that their lease ends on the 1st and not the 31st of the month without notifying me. This is causing me issues be...
After months of lurking the forums, reading blogs and listening to podcasts while contemplating getting into the business I am finally ready to jump in with both feet!I do not have any, real, real estate experience ap...
Does anyone have experience converting old Bed and Breakfasts into vacation rentals? I am seeing a few opportunities to pursue this strategy and wondering if anyone else has done it. My thought is: buy an old B&B,...
Today my thought was it is possible to grow too fast. It is possible to buy too many too fast and put yourself in a financial hardship.Have you ever heard of a startup store that done real good and added another stor...
I have zero experience with hud but recently found a deal I believe to be a guaranteed profit. My question is it was listed on mls and hudhomestore until the expiration and immediately switched to sold . Is there...
Nothing malicious here, it's just that someone continually sends out a form letter welcoming every single new member to BP. The problem with the extended greeting is that it contains my keyword and I end up with a ...
My first post in BiggerPockets. Pain is the ultimate motivator. I recently purchased my 3rd building giving me 11 units in first 18 months of REI. Cash flow has been great and I really enjoy real estate (some may say ...