Hey BP. How accurate are short term vacation rental market research tools such as AirDNA, Everbooked, Mashvisor?I am looking at Destin, FL and these sites are putting out numbers for a 2/2 condo as generating 40-50k ...

I've recently found a duplex that I'm interested in purchasing the list price is $69,000 but I believe I could purchase the property for $60,000. Current rents at $600 per unit totaling $1200/mo. The tenants are up to...

What do banks/lenders consider when someone wants to purchase a multi-unit rental? Is it based on tenant occupancy or additional factors?

Below is detail on a property in Niagara County , NY. I analyzed this property earlier this year and just closed on the deal last month. I have some lessons learned including the expectation that I was not as conserva...

We're looking to buy a loan that requires a Fannie Mae approved servicer. Unfortunately, FCI is not Fannie approved.I've been told that BSI and SN are.Most of the other Fannie approved servicers are large companies th...

Hello everyone, I recently got back from an investment meeting and I asked the question “Does a home warranty alleviate the need to budget for capital expenditures? Everyone in the group seemed to be 50/50 as some sai...

Hello,On 3 different VRBO listings, one in Albuquerque, and (2) in San Diego I'm getting an unbelievable amount of scam inquiries on VRBO. It's always a new account w/ no reviews, and it always starts with "is the pla...

Hey BP family, I'm looking to open 1 or 2 more credit cards to build my credit. I have no issues making payments and I want to build my credit faster to get more $$  to finance real estate. I currently have the Discov...

Would you recommend doing something like this?
Using SFH primary residence with a HELOC (ex. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).
The remaining $50k from the HELOC cou...

Hello, After going through all the pre qualifications and being told I could offer an amount on a property, my Mortgage broker is now saying I need to show more income. I’m worried because we are a week out from closi...