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Buckle up. This is a long post addressing many myths around the current obsession with the "STR loophole." And the first of such myths is that it is a loophole. No, it is not. Loopholes are something UNintended. In co...
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I've purchased my first property in Northern Illinois about 30 minutes south of Joliet. It is a 1400 sq ft single family in a C class area that I plan to rent.The place will need all new utilities/appliances. Two la...
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Hey folks,I live in Seattle and therefore am not looking to buy any rental real estate locally. For that reason, I've mostly been doing my research in out-of-state areas like Pittsburgh or The Triangle in North Caroli...
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What's up BP!I have a deal that's mine for the taking. It has some distinct positives, and some major negatives. I'm looking for your quick input -- would you go for this one? Yes? No? Bonus points if you give your 1-...
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Good Day!My wife and I keep getting the itch to buy a VRBO'able vacation condo, preferably on the Gulf coast. (MUST BE Ocean front or nothing) We already own 34 units here in our own town of Waterville Maine, but we p...
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Im a wholesaler and A realtor reached out to me with a potential deal and has agreed to show it to me Friday before it is listed. Realtor says the house was appraised for 150k and the owners are sticking to it and are...
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Hey!Has anyone purchased land for the purpose of turning it into a mobile home park? If so, what was your process to start? I already reached out to the zoning department to obtain information. Thank you for any help!...
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Hello,My name is Sam Choi. I currently live in Walnut, CA near Diamond Bar. I would love to get into real estate. Currently, my dad has 1 4-unit property. So I would really like acquire some properties of my own. I wo...
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I am currently looking for my first deal in real estate investing and have been wondering what ways I can expand or grow my real estate portfolio. I want to start with the mindset of growing my real estate investments...
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Hello again!As a new landlord, I am trying to figure out the "best" option for my tenants to pay rent each month. I have looked around BP and read some articles and have a few ideas for a system I would actually use.....