Joel Duguay
FSBO vacant land advice
Hi members,I have 2 vacant lots in central California and would like to sell one and develop the other. I am considering listing one of the lots FSBO...Does anyone have experience selling land FSBO? Any advice on bes...
Jamie Banks
One Year MTR Anniversary
January 18, 2023 I bought my first MTR in West Philly. I wanted to share a breakdown of what I learned from the property.- Always plan for reserves. I've experienced slow periods and having to dish out money from your...
Adam Steinberger
Is this a good deal?
I am looking to buy an old commercial building in a very small town (750 people) and convert into 7 units here are the numbers:
$55,000 purchase
$100,000 renovation
$15,000 hard money interest
Property managemen...
Ismael Ayala Jr.
Rejected by local mentor
I recently bought a new home and rent my old home for cash flow of $400. Buying my second home with traditional lending was my first step into real estate investing. Throughout my research over the past 6 months I've ...
Rino I.
Closing costs.. seems high
Hello BP.. my first post... im in the process of purchasing a rental property.. waiting for my counter offer to be accepted. I had to take out a non owner occupied loan.. the property was 250k putting down 25% with a ...
Jeff Tumbarello
Every One Of These Leverage Geniuses WILL Go Down Before "IT" Is History
Leveraged "geniuses" never make it through the valley between the peaks.
http://www.news-press.com/article/20091024/RE/91023073/1003/ACC
Why must it be? Because the peaks are CAUSED by leverage, the valleys between...
Muhammad Amawi
What is DSCR financing?
Hey BP!Seeing this is mainly an investor forum, I thought I'd shed some light on what is probably the most utilized investor product: DSCR.DSCR, for those that don't know, stands for Debt Service Cover Ratio. What it ...
Damion Byros
Can someone please help me
Can someone please explain to me all the potential details I should know before engaging in looking at apartment deals from the fianncing side. For instance with banks I had a lender call me and say to be approved for...
Luis Lizardo
Short Term Rental Schedule C vs E
We are closing on a property on Pigeon Forge, TN which will be used as a short term rental. The total use of property will be for <7 days on average, however we will not be providing substantial services to the gue...
Bill Higgins
Virtual Assistants in STR Market
Does anyone have experience using VA's as part of the inquiry/booking process? It's important they are articulate and proficient in English so I'm expecting to pay significantly more than someone off-shore.