I had a blast writing my Diary of a New Construction Project thread, and the feedback I got from that was great. So, I've decided to try another one...this time tracking and discussing the ongoing saga of a renta...
Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...
Hey all! Just sharing my story with the hope that it will light a fire under some of you, or keep the one you've already got burning hot. Here we go: It all started with a small loan of a million dollars from my dad.....
My tenant just let me know they accepted a new job in another town and will therefore be leaving us. They've been good tenants. However, their move will occur in Oct driving us to seek new tenants in a tough part of ...
Curious to hear people’s views on the case? I could see the entire industry being changed or some different legal language to some legal forms and things more or less continuing as is. As an aside I do think the combo...
I'm a data guy (nerd), and I like and I track anything that might help drive my STR business. One data point that helps me "Stay Calm and hold that rate" is tracking how far in advance my guests book and I thought I ...
Hey BP,Iv got a house i close on tommorow! Its a 3 bed 2 bath 1200 Sf on Half Acre in washington state. I Paid $135k for it but it needs quite a bit of work. Im debating if i should do a full remodel, or just keep it ...
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...
Needless to say I'm not having beginner's luck when it comes to connecting with a general contractor. I have attempted to contact 3 different GCs thus far and only heard back from one. The one that responded pretty ...
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...