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Hey BP,We own a 7 unit zoned multi family that we run as a boutique hotel/STR property. We purchased it 9 months ago with hard money, rehabbed all units, have been operating for about 6 months and are looking to cash ...
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I recently contacted my property management company about picking up more properties, and they hooked me up with one of their agents. After we talked for a bit about my goals, he sent me an off-market property that he...
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In my experience, here are the misconceptions uneducated and inexperienced note investors possess1. Thinking the 1st lien note holder needs to pay off their 2nd lien note if the 1st lien forecloses2. Thinking the fore...
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We became accidental landlords ten years ago. It has been a terrible investment. We are thinking of selling it and am embarrassed to admit I didn't know about depreciation recapture till recently. WTH?
We would now...
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My Realtor took me through several houses about a week ago that was in a neighborhood that is primarily student rentals and is near our local University. One house was interesting to me based on purely the numbers. Th...
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Short Sales Plan closer to finalization
According to a US Treasury spokeswoman, The Treasury will soon finalize the long awaited plan to expand its incentives for mortgage companies to use "short sales" as a way to s...
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Hello all,I just purchased and renting out my first single family home at the beginning of the month. The new tenants are a family and I've gotten several texts about different items in the unit within the first two d...
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So you finally found the 'perfect' property!? Amazing..the challenge is that it's someone else's dream home or investment also..and for one reason or another, there are a lot of investors flush with cash! In fact, one...
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Looking for a long term rental. Would prefer near the beach but not necessarily on the beach. Where are some undiscovered areas? Any special tips to note for Florida property? (I live in Georgia). Thanks in advance!
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Closed March 4th on the duplex, renovated the lower unit, advertised it and sifted through multiple tenants and I believe to have found a winner. Signed and went through his orientation last night. With the inherite...