I’m in a unique situation. My wife and I have been investing in short term rentals in Carolina Beach, NC since 2019. We have 10 listings here on the island and have built the systems to run a portfolio of this size at...
Hi Everyone -
I recently joined the BP community and I am looking forward to networking with like minded people.
My partners and I have recently purchased 3 properties in the Philadelphia area. As part...
Hello!!
First and foremost, I want to say thank you for allowing me to be part of the BP community. This is my first post here and it’s centered around using condos as investment property.
I just wanted to pick th...
I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...
Hey BPers Let me start by saying, I didn't actually kill him, just possibly killed my mentorship.I'm looking for some advice and guidance in regards to my mentor/ PM.I got interested in a market that a few family memb...
We closed on our second buy and hold this past Monday, December 29. Here are the vitals:4/2 split level, single car garage, 1968 sq. ft. Purchase price: $87,000 (all cash)Closing Costs: $1,000 Estimated Rehab Cost: ...
Hey BP, I wanted to get your thoughts on property management. For someone who is just starting out and purchasing either a SFH or duplex to fix up and rent out, would you recommend self managing the property or lookin...
Hi all,I own a duplex in Long Beach where I rent the upper unit long term and the lower unit short term (airbnb). My upstairs tenants have been in since May 1. They are lovely girls in their 20s and one has a service ...
I bought my first property (duplex) back in June of '18 via the "House Hacking" Method Purchase price was 90k with an ARV of ~130k. My initial Rehab/ repair budget was 15k.Goal was to get the work done and cash out re...
I really do not want to raise the rent, but am I being smart about this or just being a naïve newbie landlord? I am a newbie at real estate, landlording and property management (going to be 1 year on May 4th 2016). ...