Scott Glozzy
Listing my STR in the offseason as a Mid-Term rental
Hi Everyone, I'm a rookie real estate investor with one short term rental in South Carolina. Currently my STR is doing great during the busy summer season in SC and covers my offseason which is fantastic, but I'd like...
Nicolas Saavedra
A whole year's rent upfront?
Hello BP community!
While helping someone find a tenant for their property I encountered a dilemma. A prospect tenant offered to pay 2 months rent deposit plus 12 months of rent upfront due to the fact that I was un...
Buyan Thyagarajan
How to determine when to Pay GC or contractors on Rehab
Hi Guys,I am currently in the process of doing Rehabs on my 2 single-family homes around Philly. I had a bad incident where a contractor ran away in the middle of the construction and I have hired a new company who is...
Ryan Moyer
Heads in bed versus dining space
So "heads in beds" is a popular adage in STRs, but how are you all reconciling the increase in sleep count that things like bunk beds and sleeper sofas bring in regards to dining space?Our cabin is a 4br so the dining...
N/A N/A
Starting off buying vacation properties?
Hey All,
My wife and I are still looking for our first property. Then the other night while talking we were discussing how we still wanted a vacation property.
Has anybody here just started off by buying vacation pr...
Alvin Grier
Troubles Getting Expired Leads from Realtors
We are constantly working to increase the number of deals we analyze each day.
We recently decided to find an agent to work with us to provide us with expired listings that meet our criteria. In exchange, we provi...
Chris Koteles
Any Requirements to Attend REI Meeting?
Hi all,I'm looking to start attending some local REI group meetings in SE Michigan and am curious if there are any written or unwritten rules in terms of experience or readiness to make a deal before one should consdi...
Alex Herbig
Young Seattle real estate agent, getting ready to invest.
I am a Real Estate agent in the Great Seattle area with an entrepreneurial spirit. One of my main objectives getting into Real Estate was to learn the ropes, so I could start making purchases of my own. I quickly real...
Sam Duehr
Tax Assessment after purchase
Hi all,I'm looking to put in an offer on a multi-family property soon. When running numbers on properties which seem to meet the metrics I'm looking for, I usually try to refine the numbers by getting the actual prio...
Stanley She
Deferred gain is MUCH less than recognized gain, why
I bought a rental property 7 years ago for $198000. Last year, I sold it for $400000. For the sake of simple discussion, let me ignore all purchasing and selling costs. So, my gain is 202000. Within one month of the s...