We're just back from a few days scouting in Waikiki and are about to give up. A $500k 1 bedroom condo would generate approx. $40k/year, and after tax, PM, HOAs and loan, cashflow is negative. I know some of you are ha...
I bought my first rental condo back in February/March, and just now realizing the gaps in how things were identified to me both by the seller/realtor and the home inspector recommended by the Seller agent. Besides rea...
Hi Everyone,
My husband and I recently bought a house in Seattle, Washington (specifically Ballard neighborhood). We are trying to weigh the pros and cons of doing a short-term rental (STR) or medium-term rental (MT...
I'm sure this has been asked before in some sort or form, but I'm looking to purchase Airbnb's out of state.
I live in LA and currently own 1 STR in Los Angeles and it's been very profitable.
I'm looking to expand...
I rented an apartment ages ago. When I finished my lease and left, the landlord deducted an amount for professional cleaners from the security deposit, although I did not leave the place excessively filthy. Now, I am ...
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...
Hello! My business partner and I are considering investing in a 24 room inn/motel that is for sale in our area - this is our first property outside of apartment buildings, so I am hoping to find someone with expertise...
When people think about starting an Airbnb business one of the first excuses that comes to mind is not having enough capital to buy one or multiple properties. I'm writing this post to dispel the belief that you need ...
Hi All,
I am project managing my construction crew on a house flip. The investors have been very difficult to work with from the very beginning with grinding us down on our prices to a very very slim profit margin (a...
Is there a way to help someone sell their house or use some sort of wrap-around financing to sell their house and get back a portion of the sale or payments for myself?
The owner has some equity but I don’t want to s...