I'm running into a snag on a purchase we are working on.Background: We are doing a 1031 exchange. Two LTR townhomes into a larger active STR. COE 7/9 and 7/15 on sales. $320k net combined proceeds; $250k mortgage payo...
I finally made 2 deals... in one week!!!! WOOOHOO!!! :)
However, the one is a duplex and I'm super weary of acquiring someone elses tenants. The place looked clean and taken care of - but if they don't pay, I don't ...
Hi, I have vacationed in Kauai recently and I have fell in love with the island. So much, that I want to purchase a STR in a visitor designated area to use it every now and then and rent it out the rest of the time. W...
Hi - are you currently worried about short-term rentals in Orlando/Kissimmee? Recently, that has been one of the top question I've been getting from investors, especially given how well the real estate market has done...
Hi All.I have a single family with 3 beds 2 baths in Brookfield, Illinois that has been rented out by the same Tenant for 2 years. Current rent is $2100 per month. Property recently got appraised for $260k. It is time...
Alright, take the title of this post with a grain of salt, but it's an important topic...maybe a story for context:So we're selling one of our duplexes to a nice young couple that wants to house hack...very commendabl...
So I’ve been having issues with these tenants ever since I bought the property in December(Massachusetts). Every month, I have to remind them to pay the rent. And every time I would remind them, they would pay then m...
HiI am new to the family and 23 was my first year owning beach property (Myrtle Beach). I did expect there to be a slow season Oct-March, but I am hell bent on changing that! Anyone else been able to bring in the sl...
Hi everyone,I'm evaluating a condo in Panama Beach City Florida for a short term rental. Here are the numbers:Purchase Price: 290kARV: 285k - 300kNo major renovation is required. Here are the monthly expenses as I'v...
I'm about 6 months out from having my house ready to rent. I live right next door and will be repainting, replacing flooring and doing some minor modifications.
My home will be a short term min 2 night stay max 1 mo...