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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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Bit of a crossroads here, I'm hoping someone with a similar situation could chime in. I'm really busy with my w2 job working all the time to fund my investments. I've been buying SFH's out of state all cash as long ...
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Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...
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Hi All- The tenant was evicted in 2018, she says she fell I’ll buy repaid the arrears. I will be confirm that. For past three years, she is staying with relatives. He credit score is marginal. She has social sec incom...
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Through all of my research and networking the most valuable skill in real estate continues to be the ability to find a deal. Whether that’s for wholesaling or for other strategies, everything seems to lead back to fin...
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I have a commercial rental unit that I showed to, and have been in discussion with, a regional sales rep of a large corp who is needing some warehouse space. I am a small minnow in the ocean of commercial property and...
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Hi BP Community,I've been analyzing Cleveland, Cincinnati and Columbus for medium term rentals for traveling medical professionals. I am an out of state investor in Charlotte, NC which I've acquired 3 properties which...
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Hello all, so I have some questions as a future Landlord that I am just trying to figure out.1) I am interested in a property that is a Short Sale and Utilities are currently turned off. If I do end up buying the prop...
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Hi Everyone!I’m relatively new in my STR/MTR journey (but have extensive LTR property management and investing experience). For anyone who is in the STR industry, what would you say is your biggest obstacle to success...
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I am closing on a property in Colorado mountain town in a few weeks. I plan to rent it full-time as a short term rental and am interviewing property management companies. Has anyone worked with Vacasa or TurnkeyVR? Th...