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For those not familiar, we got our first STR under contract and we are bringing my 12 year old daughter into the process of starting it up and managing it. We have owned long term rentals for many years, but decided t...
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Hi all! We own one STR on the West Coast (just listed) and our strategy so far has been to acquire more STR’s specifically on the East Coast since the buy in is a lot cheaper but I’m hearing conflicting opinions about...
Hey guys, Canadian potential investor here.
I am curious on opinions on buying cheaper sfh, condos or townhomes in the 50-80k USD range. Been on roofstock checking places out and different realtor sites as well. Two ...
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Hello! My wife and I are new to the REI scene and actively looking to make connections, deals and grow our portfolio. We just recently bought a duplex and am owner occupying. The tenant side was already rented out and...
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This has now happened 3 times in my primary residence.
I find a puddle on my basement floor, look up and a copper pipe is dripping very slowly from the middle of a length of pipe, its not at a joint, and the...
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As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...
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I attended a high income seminar today. The sad part was that the seminar title was Strategic Defaults! The speaker was very high powered attorney in swfl that has been doing these for a couple years. The stats came f...
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Hello Bigger pockets,
I am hoping someone out there (or possibly a blog post in the near future) would be able to help me understand lending better. I have been in real estate for a while now, and I feel as if I have...
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So I was listening to the podcasts the other day - and I could have heard wrong - but a guest said that they always come in at 70% of the asking price and then deduct rehab costs below that number. When I run this ou...
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I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik