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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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Everyone and their mom is doing Short Term Rentals. In fact, my mom (and dad) and I just went 50/50 on an Airbnb (my 4th). It seems like these days that EVERYONE I talk to is excited about Airbnb and STRs. Even people...
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A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
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What's up with Memphis? Hey BP a friend pointed me in the direction of Memphis and said that it is where I should be looking at my next round of investment properties. What should I expect in Memphis? What cap rates I...
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I'm not going to get too inquisitive here, so lets simply use the numbers below. Please select the number that is most appropriate. I personally have made more than $100K.Over $1,000over $10,000Over $100,000Over $1...
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Title says it all. Let's say someone gave you one million dollars to invest in cash-flowing rental properties today (Aug 2016), and you're only allowed to use the money to buy multis in one city. What city in the US d...
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**Hopefully some motivation for anyone just starting out.** I posted this on the BP Facebook Group and was asked to post it here as well.Growing up we never talked about money. It always felt like a taboo discussion. ...
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My business partner and I are looking to invest in our first rental investment property. We have analyzed over 100 properties in the Greater Boston area over the last month, including visiting 35+ in person. I am quic...
This is very simple, in which countries you're investing and why?
I travel a lot, and have relatives in more than 10 countries so it will be interesting to know your opinions.
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how do you get back to the old format.. one of the best features is you can go right to the end of the thread immediately this new format I think is going to really cause less participation.