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This story may be long and I'll do what I can to summarize. Here's the scenario. I purchased a piece of property with cash. It was my very first time purchasing property with cash and I thought it would speed thing...
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I'm a real estate broker in Tucson, Az and I've been trying to buy my first flip home for the last 6 months or so and I keep getting outbid. I have studied flip books and repair costs etc, so I think my repair estima...
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Listed our first STR property last month and started using Guesty for Hosts as my management software to consolidate across platforms. Everything was fine when just using Airbnb (though you could argue against needing...
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I have been asking for photo ID, it's written in House Rules, listing, everywhere... and when they refuse, I let them cancel within 24 hours with no penalty.In a recent case, the guest complained to Airbnb, who backed...
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Good afternoon BP family! My team and I are going to form our business plan next week. We’ll be following a real estate template that I came across in the net plus some guidance from multiple books. I’d like to ask if...
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Hello, I am wondering if anyone else on here is fighting with terrible inherited tenants during covid. I bought a small portfolio in November knowing well what I was in for, however these inherited tenants are fightin...
I'm trying to understand the numbers on a 5 family building. Asking $450,000 with annual revenue of about $45,000. Annual Expenses before debt service are about $14,000. Considering leveraging a property for the 20%...
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Hi all, Kyle O'Keefe from Fort Worth Texas.I started my Real Estate investing adventure in 2002. I was a High School math teacher - beat down by politics of the school system and sitting in a classroom (with NO windo...
I currently live in my home but am planning on buying a new house and renting out my current property within a year. It needs a few repairs and improvements before I'll rent it. If I do some of these now, while I li...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $75,000
Cash invested: $30,000
Purchased a HUD Foreclosure and used the Brrrr Strategy and it worked very well. Th...