Background:
We bought an investment property in a major city in USA. Our agent is the broker and also a mortgage broker as well. We have enough funds to buy the property in cash but we decided to put 20% down and get...
If you have purchased an STR in the past couple years (2020, 2021), how much cash flow are you making yearly? We are searching to invest in a short term rental, but the numbers are not high enough for us. We're seeing...
I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
Hi everyone, I'm looking into entering a very niche market of providing a "Crash pad" to military officers going through long training courses. These individuals are on 3-5 month assignments, and are reimbursed for ho...
Does anyone know of any concerns to look for if a spouse has transferred interest to a spouse via a quitclaim deed? I saw a video that warned of this transaction. It suggest the grantor could still have interest. A...
Hey guys,I have a bit of a quandary. My current tenant is 18 days late paying the rent on our property. I spoke with her last week and she said the payment would be in the account by last Friday with the late fee. F...
Hello BP. I was hoping to get some advice from the direct mailing experts out there. I will be purchasing an address list from ListSource, and after running through their options, below is the criteria list I came up ...
I have a problem tenant that does not pay rent on time or the way it is in the lease to be paid. Due on the 1st late fee on 5th. Direct deposit to bank. Almost every month I pick up cash on the 5th
Last month she t...
Hello BP Family, Has anyone had to evict a military family? After two months of tenancy, I've decided to evict my tenants, a military family for non payment of rent & unfit living conditions. During a site visit o...
BP is great place. The world in general is not. Over the last year I have listened to all the BP podcasts, those guests who succeed are showered with praise and emulation. That's why we are here, we want to be like th...