Mark Grozen-Smith
Mobile Home Park Diligence Timeline
Hi BP friends,
I'm trying to learn when the diligence process happens in the purchasing flow of a mobile home park. I know theres a lot you want to do once the property is in escrow (check the sewer, confirm financia...
Austin Bright
Investing in Condos - Good strategy for a beginner?
Can anyone speak to whether or not buying a condo as a rental property would be a good investment for a beginner? I don't have a lot of cash, so I am attracted to the price range of condos vs other housing.
Besides H...
Hector R.
HOA on Rental Property
If you have a rental property in a subdivision that has an HOA, how do you deal with this? I'm assuming you pay for the HOA fee, and just account for it in your rent price. In addition, even though you own the home, ...
Tony Iacovone
Condo investments: good or bad?
Hello,
I just finished reading a book called "Millionaire by 28" by Todd Babbitt. The author achieved this feat by buying up 50 small condos located in the downtown area of DC. Although he didn't achieve grea...
Gary Lawson
Rental Property Yard is Flooding
Good Morning!I have a single family home that I purchased in Southeast Michigan in January 2018. I have a tenant in there now, and am working with a property manager due to the fact that I do not live in Michigan. T...
Patrick Britton
Buying note direct from lender
I am wondering how it might be possible to purchase a non-performing note directly from a lender, in this case it's Chase Bank. I know for a fact that the borrower will never make payments. Total balance is about 17...
Shane Crockett
Subdivision process: worth it?
Looking at land in Washington that is 2x more than I originally budgeted for and thus would require additional capital/investors, but could also mean opportunity to subdivide and build 4-5x the number of homes origina...
Asem AbuAwad
HVAC went out. Now what?
Hi BP world, So I just had my 10 year HVAC unit go out for the first time on my first rental. Luckily, I am prepared and the reserves are there but it ate all the profit for the year. My experience with home warranty ...
Jake Quick
RENOVATING - Over Renovating?
Hello All,
I currently have 9 long term rental units and am working on a single family renovation which I intend to use as a STR. The house is a 1,050 sq ft 2br 1 bath cottage, the bathroom currently has a walk in sh...
Cole Simpson
Just outside of Gatlinburg, Sevierville, and Pigeon Forge
Has anyone bought just outside of the holy grail of short term investing that is the Gatlinburg, Sevierville, and Pigeon Forge market? How do places like Cosby do? Just curious if anyone has any experience.