Hi everyone!I evicted non-paying tenants in March right before COVID.I moved their belongings (obvious crap, like 20 yo sofa or non-flat screen TVs) to the local storage (spent over $1200 to do that and notified forme...
Hello,
I'm trying to value a note. Here's the basics:
Balance of 125k note due on 10/09. No payments before that date.
It's second behind a 60k first mortgage.
Property is assessed at 800k.
That's all I know for n...
I am looking to put together an excel sheet to send out to investors who are interested in a property but are out of town or out of state. Besides the obvious, what would you like to see on a one-sheet when evaluating...
Wanted to share an attempt from a fake lender that i received yesterday on BP PM. However same fake lenders troll Facebook and linkdin the first contact is just a simple Hello.. then Once you respond they come back ...
Alright people, time for me to smack you with some more STR knowledge. So we bought a beach duplex in Carolina Beach, NC 2 blocks off the water, our downstairs 3/2 unit is on track to do 57k this year, which pays our...
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $156,000
Cash invested: $39,000
This is a duplex on Smithville Road. I rent out one side for $800/month, and Airbnb ...
Hello BP!So I hear (and see) a lot of references to set aside $$ for CapEx. Makes total sense and I will do so.. however my question may be an obvious one but this budget that I'm setting aside for CapEx would be a se...
Guys, I've been hearing/reading people are having trouble financing their short-term/airbnb rentals because the banks will not use the income due to inconsistency. Now maybe I am oversimplifying this but IF and ONLY I...
Happy New Year to everyone!I'm hoping to get some insight on whether this is a good deal or not? Any help, suggestions or feedback would be greatly appreciated. The breakdown on my potential deal is as follows..12- 2 ...
Folks;I have a potential great opportunity. I have a very close family member who developed a 6 unit condominium. The idea is that he'd let me purchase the property interest free without any gotchas (He's my father in...