I thought I would post a recap of my first flip, a deal I thought was a slam dunk but didn't turn out to be in the end. The house directly next door, which was identical to mine, sold for $105k earlier that year and t...
Thinking about buying a rental that works out to be $100/m after I run my numbers. It's a SFH in a good school district. I'd say B+ area. I am self managing this but still factor in PM expenses incase I move. Although...
My goal is to purchase my first STR this year or early next. The location I have my eye on is a 3 hr drive from my home in a vacation destination. My question is: How do you know whether to hire a management company o...
I need some advice estimating rehab cost!
I'm buying a duplex in an area that has appreciated quickly over the past 5 years. I had initially anticipated making repairs to the house then holding it as a rental, but am...
A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
Just received an accepted offer 10 minutes ago on an 8 unit property. They were refusing to allow an inspection so I ended up waving it after talking to an experienced real estate investor based on his suggestion. Fou...
This deal. I need an inspection of a 6 family unity each Unit being 1600 sq Ft. How much time should that take. My inspector is stating that they 5- 6 hours. The seller is saying that 3 hours should be enough. I ...
Hi BP!I am an investor from Israel and recently had an offer to join a syndication for a buying of a multifamily unit in NJ. The offer sounds tempting since the group has to finance about 3M$ (the rest comes from a b...
Hello all, Just curious as in the first couple of steps to start focusing on when it comes to developing a business plan for vacation rentals? I know that the RE attorney is a must but other than a attorney what are s...
It seems like every year at this time I wish I had something put in place for maint. on furnaces, etc...
I do not have it in my lease and if I did I do not think tenants would pay attention... but it seems li...