I currently own and manage two STRs with my wife. I want to expand my portfolio outside of single family and condo properties, and I was wondering how others have done with multifamily STR properties. Any suggestion...
Anyone have advice on how to calculate the 'numbers' on vacation rentals?I believe it can have a good cash flow even with the added expenses as long as the property is in a area of high rental demand and the property ...
How do you price MTR stays, is it somewhere between STR stays and LTR rents? Also, what are typical expenses, also between STR and LTR? Need to know MTR cash flow profile so can make appropriate property offers. Thank...
Hey Guys,
I reviewed the lease (created by our property management) for our tenants, and I feel like we, the landlords, are not protected enough on that lease. for example, I would want to add an addendum about "chang...
Hello BP Community - What has been your experience with full-time furnished/vacation rentals in San Francisco vs. a regular long-term rental? What tips do you have about doing this effectively? Finding tenants? (corpo...
Hello all. I have an interesting deal I'd like to get your opinions on. A broker sent me an OM on an apartment building that was converted to student housing a few years ago. The owner's an older man with some health ...
Hey BP Fam! I'm in the process of buying a student rental in New Hampshire, and I'm just trying to make sure I don't get caught holding the bag on a bad deal. Right now, it's a 2% deal because it's being rented by the...
Who teaches the best class on MTR-Mid Term Rentals?
About a 18 months ago I put a property under contract and assigned it to a private money lender who purchased it cash. He also paid for the rehab.
The plan was to rehab it buy it with traditional financing and rent i...
Hello All, I recently purchased my second rental property. It is in a ready to rent condition with the exception of the kitchen that is very outdated (See picture below). I have a total budget of around $3,500. The k...