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We are new to the STR business, having just purchased a 5br 3ba home in Sevierville/Pigeon Forge, TN area. The home has been doing well as vacation rental for 15 years prior to our purchase, but we are making some imp...
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I've looked on BP for a checklist of things to look at when I'm looking at a house. I haven't been able to find one so I've created my own. I'd like feedback on it (including where to find a better list). I can't f...
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Hey I was just wondering what everybody does when first buying a property or when they are doing a rehab, what are some things you replace or do to cut some on repairs or maintenance? For example, I always replace rub...
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Husband and I are looking to finance a single family home in Delaware. I got a couple of quotes for DSCR loans, but they seem high. 20% down on a $630k property, for $505k loan @ 7.5% (or buydown with 2 points to 5.5%...
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I am wondering if anyone has any tips for buying a property at auction. I have never been to one before (though trying to arrange to go to one and watch before the one I actually want). I am a bit nervous about being ...
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I'm looking at buying a building that is listed for 870,000 But I feel its inflated based on potential. I value the property at 570000,(10%) cap. Its it even worth making such a low offer since the owners are asking 3...
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Hi everyone, first forum post but I've been on BP for about a year now. I'm investing in the Spokane, WA area and in a span of ~18 months I've purchased one single family home, one triplex, and will be closing on a du...
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Hi BP,I just had brand new tenants moved into my upper duplex and everything has been going great. Today they texted me telling me that they are very nervous about the ceiling which has some large cracks in it and se...
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Hi, I made my first offer on a 4x plex recently in las vegas. Its an older home built in the early 1970's with 4x3bd. I want to be fairly conservative with my analysis since I want a fairly big margin of safety.
Re...
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My problem is, I don't know where to start or what real estate investing is. Am I just shopping, to buy a place, to rent out or wholesale? Do I need to get a team Attorneys, accountants, get LLCs, and etc b4 getting a...