I am wondering what people's experiences are on starting a STR in a somewhat new market. Specifically, I am looking at a house in Montgomery, IL. It is a beautiful house with walkout basement into a gorgeous backyard ...
My first rental is a B class SFR, Rent 1500/month. I put all new finishes and it LOOKED really nice. I went to do my first rental inspection after 5-6 months( while doing a walk through with an appraisal company to BR...
Hello All,We have a tenant situation where the husband and wife are getting a divorce. The husband is staying in the place. The wife has asked to be removed from the current lease and the husband would like that as w...
Hey guys I have been a lurker for a very long time, but never really posted until now. I am currently rehabbing a house with a loan from a hard money lender. I have about 100k in rehab budget and it’s going well so fa...
Have been doing the SFH thing for awhile and looking to expand to Multi. I am interested in 4 - 8 plex properties in the Omaha area. Looking to stay below $400k and West of 52nd. Looking for help on how to do the b...
First post and thanks for any input! I'm looking for guidance/input on making the STR a destination in itself. We are not in a high STR area, but I have an idea about a historically significant house that could appeal...
Hello! New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one o...
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I am asked to pay 20% cash down payment to close a construction loan for rehab, wondering if this 20% cash stays in construction hold back for me to draw w/o interest charge going forward or it is used to pay off init...
What is the practical process for getting permits for rehab properties? Any tips that will help me? I am in the process of buying a few properties which may help me. I am already an agent with a few rental properties ...