Bob Lett
STR Traverse City MI
I’m changing gears and going to go all in on an STR to start. I eventually want to use the cash flow to buy another STR to then purchase some LTR’s thanks to the recent BP podcast I was inspired to go this route as it...
Mark Forest
Capitalize or expense
I have brought this up on other boards, but I still am not sure of the answer. I am a landlord who has acquired some fix up properties which I will lease to tenants. I have not yet made any of the houses rent ready....
Account Closed
I just bought my first apartment building(8 units) very cheap.
I just picked an 8 units aparment building for only 25k in cleveland. It needs quite some work but not too bad for me since I got a good reliable guy who will only charge me 5k to get it all rent ready. Any other comp...
Mike Sattem
I bought a negative cash flow property, and it's a good thing I did!
First off a few notes:1. My area would be considered remote by most (the closest town with over 15,000 people is 80 miles).2. My area is considered low income, as most folks work for less than $15 per hour at the Lumb...
Nawab I.
Need advice on hassle free rental investment
Hi thereWhile I have lived on the Westcoast for a good part of my life, I am out of US for past few years. Recently I discovered cheaper houses in Pittsburgh (compared to the west coast cities), and I am thinking to p...
Zach Mustafa
Windsor Hills or Storey lake for STR?
Hi,
Our family is interested in purchasing a home for STR in the Kissimmee area. We are between getting a 3 bedroom, 2 bath condo in Windsor hills (in the mid 300s) or a 5 bedroom 4 bath townhouse(in the mid 500s) in...
Matthew Maynard
To use or not to use a property manager
Hey BP, I wanted to get your thoughts on property management. For someone who is just starting out and purchasing either a SFH or duplex to fix up and rent out, would you recommend self managing the property or lookin...
Natalie Landry
Seller switches to "as-is" midway through negotiations
Looking for advice. We signed a P&S agreement for a 4-bedroom, 2-bath with the contingency to conduct a home inspection. The inspection revealed that the heating/cooling system (heat pump) needed to be replaced be...
Brandon Richardson
Actual Numbers: 2-Year Update on VR in Destin, FL
I've received a few direct messages over the last few months regarding this thread:https://www.biggerpockets.com/forums/530/topics/20...So, rather than typing everything out every single time, I figured I would post a...
Stephen Kunen
Investing in declining areas
We are looking at deals in the declining area with very good cash flow. By declining I mean the population has been going down for the last couple of decades. Do you think it's a good idea to invest in this kind of a...