Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Disclaimer, not edited. May be riddled with typos. After all of the other books that i’ve read, this is a great way to cap my months of reading and makes me feel like I have enough “research” to move forward. Enjoy. L...
As a developer/builder there's always ideas swirling in my head about "fantasy projects" I'd like to do someday. One that is just outside our grasp right now, and I'm sure all of you have some too.
If you c...
I currently own and operate a short term rental in northern Wisconsin (as well as manage several traditional rentals). I'm curious what others are seeing across the country in terms of city and state regulation of sho...
I have a 5 bedroom home on Lake Minnetonka in Excelsior MN that I want to Air BNB it starting in August. I understand the prime months are May through September. My question is how much success have people had with Ai...
Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
Just getting started on a BRRRR in Nederland. Figured I would return the favor to the community and document my experiences here.
Key players: @Dave Foster, @Adriel Hsu, @Natalie Kolodij, @Sam B.Background At the beg...
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
This is my first try and after a stressful rehab, I've been on the market for 68 days. It is priced at $290k, $13k below Zillow estimate. I've had multiple agents go through the house and run CMA's and they are coming...
Some backstory.I have not made my first real estate investment. Still trying to buy my first home for my family but after that's done I'd like to be aggressive about real estate investing. I love numbers but it's hard...