I'm somewhat new to the real estate world. I'm coming in from a background in private equity, where limited partners typically target a ~25% IRR. And that IRR is key to modelling when approaching investors with busine...
Hi, BP! I've been lurking through the forums for almost a year so this introduction is certainly overdue. My name is Clare and I am originally from Kansas City, MO but am loving life in the Pacific Northwest! I live i...
My wife and I own 8 vacation rental properties, and have done well with those and have continued to add one every year or so . We just closed on our most recent purchase in September and are gearing up for a renovatio...
Greetings everyone!My long-term renter of 12 years is moving Jan 31st. Recently I've been hearing a lot of about transitioning certain rental properties to short-term rentals (i.e. airbnb)I was wondering if anyone has...
I live in San Jose CA and have been working with my CPA for the last 8 years and he's been great in handling the W2, capital gains, etc. However, since last 3 years I've grown my real estate portfolio and have realize...
I’ve been some deal analyses for short term rentals with the AirDNA tool. Can anyone speak to the accuracy of their projections? One property I’m am looking at shows approximately $106k in annual revenue, but the real...
For someone looking to break into syndication in the next coming years, given the competition and lack of deals, is it still something worth breaking into?
We have a "condotel" on St Pete Beach in Florida. If you haven't heard of the condotel model, you'll want to look it up. Ours is at the Tradewinds resort in the Jacaranda building. We net between $45-50k per year and ...
Hello BP world!Longtime lurker, first time poster here.In May of '21, I bought a duplex with the intention of house-hacking. After a bad experience with the tenants I inherited, I opted to convert the unit to an Airbn...
Hey All, TLDR: I'm working on putting together my team and I was hoping for some advice on approaching my current real estate agent. He is a top producing agent in our area, and represented my wife and I purchasing ou...