I am not a fan of the 2% rule, although I will say I think rent/cost is my favorite calculation. We usually determine what type of rent/cost we can accept in any given area and go from there. According to Gary Keller,...
I'm trying to work some numbers on a potential purchase. Now I realize this will be very specific to the location/property/price/marketing/etc but what would be an occupancy number you'd put on an Airbnb type rental? ...
After running a lot of numbers, I realized it’s not feasible to invest in my backyard. I’m looking to invest out of state now, but I have no clue where to start looking for a location. How is everyone who is investing...
So I currently have 65 long term units that I own and I recently purchased my first property that I'll be going the STR route with.Basically, I just bought a large (4300 square feet) cabin on Lake Superior that is ess...
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If I go with the Tesla Solar Roof, the cost to install after incentives is going to be lower than the cost of the traditional roof without solar. I will be able to finance the entire roof with no mone...
I find myself browsing these forums less and less as times passes. Biggerpockets is such a machine now and while there is lots of useful advice, it's primarily aimed at newbies (who can't use the search function mind ...
Hi BP! My 2013 Jeep Compass has a dying transmission; I bought it used in 2015. I've seen multiple mechanics/transmission specialists; it's got a CVT transmission which are seeing tons of issues around the 6-year mark...
Most of my off-market deals come from real estate brokers. Because of my track record and reputation,brokers come to me before they list their buildings. I follow through and close on every deal I put my EMD on so I n...
I bought my first investment property in Greeley, Colorado and have been using it as an STR since that will give me the best returns. In order to get into the property, I used a HELOC from my primary property and a co...