Hi everyone this first time posting and need some advice on a current STR we are looking at.We are looking at a4 bedroom A frame in Ober Gatlinburg.We own a condo in Pensacola beach (2 bedroom, on beach/ gulf side, bu...
There is a universal rule that you get a handyman from the last owner whenever you purchase a mobile home park. I have had a wide variety of outcomes but I want to give a few warnings from my experience.
1. Don't r...
I just bought a note from a lady who sold her house and carried back the financing. The guy she sold it to never made a payment. She was too broke and didn't know how to get him to pay. I was able to discount the n...
Hi BP Team,I'm under contract on another property in a historic district in Atlanta on a busy road. This is a complete and major rehab, so I've got an architect that I know can get plans and a certificate of appropri...
It's been a while since I have blogged on the Smokies. Feel free to check it out and discuss.
The patient isn't dead, but he's in a coma (biggerpockets.com)
Hi all, I am located in California and found my first out-of-state investment property in Dallas, Tx. I went into escrow on a condo and for the final walk through, which was one day before closing, I decided to fly ou...
Hello,I'm posting on behalf of my parents (mother is buyer and father is buying agent and planning to occupy home). We believe seller agent executed in such fashion as stated below because seller wants to sell to back...
I used a turnkey provider to buy 'build to rent' multi-family house. We signed a purchase agreement with builder in Feb 2021. This summer, builder came back and said they need to increase the price by 10% due to incre...
What debt-to-equity ratio are you comfortable with?If you own $5 million in real estate assets, how much debt would you be comfortable having on it? 25%? 50%? 75%?Why?Does your age impact this decision?
I have a rental single-family home in California doesn’t cash flow well. I’m thinking of exchanging it for a commercial property such as medical office building or a small shopping center. With the recession is on eve...