First time investor...Came across a good opportunity to invest in a 4plex (with established tenants but inspection can only be done during the DD period).I am feeling uneasy as I have always envisioned starting with a...
Here is my process for analyzing an STR property:1. Use the average ADR & Occupancy on Rabbu (FREE)2. Use the ADR & Occupancy on Awning (FREE)3. Find comps on AirBnB and get their total before taxes (inc. fees...
My current back tenants (bf and gf with 1 and sometimes 2 kids) have been a headache since day 1. They are on a month to month lease since their year lease finished. Per the lease agreement I can end the lease if I gi...
Hello everyone. My name is Steve fydenkevez, and my wife and I are looking to enter the world of real estate investment. We were married recently, and when we add in our wedding gifts with what we have been saving on...
Hi,
I am leaning towards using a PM (property management co.) from day one.
Are the tax benefits (deductions) worth enough to the bottom line to offset the costs of service? Do you only realize a benefit when you g...
Spring of 2010.We (my father and I) purchased a home in the Inland Empire of Southern California. It was a brand new 3Bed 2Ba SFH that was listed at an unbelievably low price. A little backstory on this property; this...
This is the After:This is when we bought it:This is going to be an in depth write up of the work we completed on my first flip, located in a wealthy suburb of Detroit that will hopefully net us around $150k (eat that ...
Hey,
I am currently researching neighborhoods in Baltimore City to invest in. I'm probably looking at starter homes in the $60-100k range that are fixer types. I'd like to do hybrid investing (invest for cash flow wi...
Good morning BP,I own an STR in the New Orleans area that is listed on airBNB and VRBO. I used Pricelabs to set my nightly rates which dynamically adjusts rates on a daily basis. Might nightly rate is currently set to...
I am rehabbing this 1st property. Part of closing negotiations was that they replace the breaker box. They hired a professional electrician who installed a 125 amp breaker box. It looks like they did a very good jo...