James Wise
Short Term Rentals (like Airbnb) have been BANNED!
Recently two of the higher end suburbs (Broadview Heights & Seven Hills) in the Cleveland market banned short term rentals. Source ArticleI never got involved in the Airbnb craze myself. Not my business model. I'v...
Will Barnard
Validate the 50% rule
It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
Bill Gulley
HEALTH CARE LAW UPHELD
It's law, the Supreme Court held that the Affordable Care Act (Obamacare) is valied under the taxing authority.
Yes, I know healthcare is one word....
However, states can opt out with the Medicaid portion. Now what?
Scott Grover
Home condition for a VA Loan
I am looking at buying a short sale home for my family and me. VA Loan financing is preferred so I can keep what little cash I have. My concern is whether it would qualify for a VA Loan. I've done the Google search...
Jonathan Olcott
Can an Owner Carry financing option work when the seller has an existing Mortgage
I found an off market deal yesterday. While attending an open house yesterday a neighbor and I began chatting and it turns out he wants to sell! He is house hacking a 2500 sqft 6 bed 3 bath with current rents at $6000...
Allen Lopez
PM wants me to rent out to a sober living home? Thoughts
So I just purchased a house in Louisiana. my PM is offering me to rent out my house with a 5 year contract to a sober living home he manages. Rent numbers look great. Specially a 5 year contract.
I no absolutely no...
Bienes Raices
Upgrade insulation for tenants--worth the money?
Blown and batt R19 insulation is missing in vacant house from the attic above a 10 X 10 bedroom.
I've called one insulation guy so far. He said $200 minimum charge to come out and do that small area.
He recommended...
Scott Sutton
How do you find realtors and management companies in another market?
Hi Everyone,
From those of you who have invested in markets other than your hometown, I'd very much like to hear how you went about finding:
1. The realtor with whom you wor...
Bienes Raices
Taking the RE Agent course, but not becoming licensed?
I just read through all the threads on the pros and cons of getting licensed for an investor.
Someone recommended doing the coursework for the learning experience, but not actually getting licensed (due to the annual...
Kyle Scholnick
Does Anyone Own ALL turnkey??
I know there are many people who like to get their feet wet with turnkey, but does anyone actually own ALL turnkeys? Does anyone own 30 turnkey properties? Can anyone actually speak up that owns nothing but turnkey an...