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Hi all!I am looking at beachfront property in St Petersburg (to live in) but, ultimately, to be able to put on air bnb when we move out of it and use as a vacation home. My wife and I are STL natives and have 14 prope...
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Would you consider a tenant applicant who supposedly has great rental history, great work references, etc., but works for himself and gets paid in cash, "under the table"?This is a red flag for me as I assume if he bl...
Dealing only with the Listing Agent in hopes of getting a better deal?Not a good strategy, because if the listing agent is getting the whole 6%, they’ll actually work harder to make you pay the highest price for their...
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I am in the process of acquiring my first investment property(FSBO, no realtors involved). We had the inspection done and we may need to renegotiate the contract based on the inspectors findings(roof & HVAC repai...
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Hey everyone!
I was hoping to share some exciting news about our new rental home, but that’ll have to wait. I have a quick question for you all: Should you disclose a locked thermostat to guests? If you’re curious ab...
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I have a property that’s a 4 bedroom 3 1/2 bathroom sitting on 4100 sqft. We got the property under market value and the ARV is $355,000 and is a class A property with 3000-5000 dollars worth of repairs and have it li...
What is going on in Southern Maine? Over the last 12-18 months, feel like valuations have gone hyperbolic. Looking at cap rates on some 2-4 units and there is actually stuff with a 3-handle on it! Most seem to be ~4.0...
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Hey everyone, I'm starting to do some research on other rental markets since the prices have gone through the roof here in Florida once again. (I'm not paying $120k a unit for $850 rent in a Class C neighborhood) If...
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Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
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After googling for many hours I have narrowed down my "where to invest" to the following cities:IndianapolisJacksonvilleTampaOrlandoDes MoinesPhilly Chicago (outside chance)Fort collins (very slim chance)I'm looking t...