Danielle Malecek
$300k / 119% gain in 7 yrs in Durham, NC. Mid-Century Original to MCM Marvel!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $253,000
Cash invested: $45,000
Sale price: $565,000
We purchased this as our first home and listed the home...
Edwine Alphonse
What is the cap rate on a multi family in Jacksonville
We are analyzing a 8 units (1/1) in Jax, and are having trouble figuring out the cap rate. Any suggestions/ideas?Also any recommendations for banks for commercial and residential loans?We are new to this market and ap...
Lorraine Patterson
Cape Coral Vacation Rentals
Hello BP, I'm looking for waterfront homes in Florida, I saw one I'm really interested in, in Cape Coral. Interested in knowing if anyone has any information at all regarding short term rentals and if it's a good mark...
Greg Moser
How do I structure my beach rental?
We have a 2nd home at the beach we are looking to put on weekly / short term rental program with a local property mgmt firm. The renters will contract with and pay rent to the management company (not to us).I would l...
Desiree Doubrox
Coworking/coliving property, beachside in San Jose Del Cabo, Mexico.
Investment Info:
Other commercial investment investment.
Purchase price: $1,200,000
Cash invested: $1,500,000
Purchased 12 bedroom, 12 bathroom boutique hotel, steps from the Sea of Cortez and beach ...
Ramon E Alvarez
IMF: "credit scores could soon be based on web browsing history"
The International Monetary Fund (IMF) has published the results of research conducted into how lenders are likely to be doing their business in the future, and what new information and personal data these companies pl...
Natalie Schanne
Help!!! My spouse doesn't want to house hack and I REALLY do!
What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...
Hannah C Christie
Transferring mortgage to LLC
Bought the house in 2020 and have lived in since. Up to date on payments. Have lived in house since 2020. Conventional fixed rate mortgage which was sold to Fannie Mae shortly after originating. Wanting to turn into r...
Nam Trang
Worried about an overqualified "renter"
My first tenants are moving out and I'm showing the house to a few different people over the next few days. Most applications have poor credit (no evictions though) with verifiable income at 5-6x rent. That pretty typ...
Account Closed
Am I being too paranoid? (LLC structure & insurance)
Let me preface this by saying my ultimate goal is asset protection- that is my #1 priority. Now, moving forward I have an umbrella insurance policy, and will be opening an LLC for my current rental property. At ...