We purchased our first short term rental property on July 3rd in Fox Lake, IL. We did a lot of research in the are and strategically bought in this city since they allow short term rentals per their ordinance. Part of...
Curious on your opinion on short term rentals versus mid-term rentals? While short term rentals typically provide higher cash flow, mid term rentals help to provide stability. What type of rental do you prefer and why?
I am in month 5 into owning 64 units over three properties in the same city, but split between 2 different property management "companies."I am out of state and sold office building on a 1031 exchange. Otherwise new t...
This will be my first flip and I have questions on ROI.
As background, it's a 1400 sq ft ranch in a very desirable area where homes typically fetch $500/ft+ after rehab or new build. Just to use round numbers, I'm b...
Hey BiggerPockets family!We'd love to see (or hear) about your worst home renovation fails, and how you were able to fix them :)Sometimes you learn the most from someone else's mistakes --- and sometimes you just need...
In a nod to Ben Leybovich, I bought a PIG. I'm going to tell everyone how things work out for me on this thread.The deal:2/1 house in Fredericksburg, VA. It's a very small 725 single story all brick on a crawlspace ...
See pics at the end! A lot of people have asked me to write about it and share some of the details. I hope this helps those of you that maybe run similar large groups, or those of you who just want to get more conf...
I am about to close on a Airbnb property with a very steep and winding road, and was wondering if it would be a good idea to rent a jeep wrangler out to guests who do not have a 4WD?
I would not be using the jeep of...
Hi BP colleaguesI am new to MFR and I am hesitant to venture in Class C/D neighborhouds and buildings for investment. As I have limited capital I have no choice but to look at Class C/D types for investment. I am not ...