My friend is in a weird situation. Lets call him Frank. Frank's friend Todd lives in a rent controlled building. Frank moves in with Todd and the landlord put Frank on the lease through an addendum. The addendu...
We decided to take the plunge. A year ago my wife and I outlined three different plans we could take to start investing. We were all set to go with a very conservative plan when some very unsettling events happened in...
Removed that old carpet we all love... just when you think you’re going to get lucky and find a nice sheet of plywood underneath, you get stuck with this:Do any of you experienced DIYers, or contractors have any exper...
Good evening B.P community. I am on the verge of going through the process of obtaining a HELOC. I would like to hear some of your experiences. What you learned, what you would do differently. How a HELOC helped you i...
I’m looking for any insights anyone might have on short-term rentals (airbnb or Vrbo) in the NC mountains (Boone, Blowing Rock, Fleetwood, or other areas). I’m interested in buying an income generating property, but I...
Hello all,I think I found a deal! It's a 10 plex value-add apartment. I'm in the process of coming up with an offer price so I have a few things I am hoping that someone may know the answer to...1) I'm including the...
When estimating operating expenses using the 50% rule, do you include property taxes and insurance as part of the 50%? Or do you consider that part of the mortgage payment?50% seems kind of high to me without the taxe...
Hi everyone, Newbie to STR here. So I narrowed down my market already and am starting to go to open houses. When you go to open houses, how do you decide if it's the right house for STR (after the numbers make sense)?...
I live in Nashville, TN and want to start investing in real estate. However, the market has been growing so fast and rapidly that I feel like there will be a market correction soon. Would investing still be viable sin...
Hello BiggerPockets,My wife and I have dreamt of running AirBnBs and resorts since we were married. This year we want to take the plunge, take a risk, do something. Our goal is to build 2-3 geodesic domes as short-ter...