Tomoko Hale
A possible first STR property?
I have been looking for an STR property and may have found one at a distance. The property is located in a mid-size city with several attractions nearby.
I understand that management fees can vary by location, but th...
Michael Clevenger
Appraisal fell short
Trying to wrap up my first flip. I've learned a lot throughout the process. My latest lesson regarding the appraisal. Turned the house into a beauty. But now my asking price is 30k higher than the appraisal! The buyer...
Eric Campbell
Student rental process
Hi Everyone, long time lurker, first time poster. I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...
Andrey Grebenetsky
Newbie from Dallas, TX - buy a duplex or a fourplex?
Wanted to post this to introduce myself and run my logic past people who have more experience than me. Feel like I don't know what I don't know yet so it would be good to see holes poked in my logic here:Hi everyone! ...
Matt Hintzke
How to begin with low capital, high debt, and an bubbling market?
Hi all,My name is Matt, I am 25, and looking to begin my journey to financial freedom. If there is something I see the most regarding building wealth for retirement, it is to start early. So that is exactly what I a...
Christian Hutchinson
Airbnb's no-camera policy
Hello,
I have a property I rent rooms out to individuals. I literally had cameras installed last week. AirBnB is one of the platforms I use. I installed them in the common hallway, the entry door, kitchen, and a co...
James Wise
Short Term Rentals (like Airbnb) have been BANNED!
Recently two of the higher end suburbs (Broadview Heights & Seven Hills) in the Cleveland market banned short term rentals. Source ArticleI never got involved in the Airbnb craze myself. Not my business model. I'v...
Gabe G.
detroit, are these prices for real?
http://www.ebay.com/itm/DETROIT-MI-SOLID-BRICK-SIN...Is the whole city falling apart?
Adrian G.
How I made 1k-5k a month dividing land.
Ok first off I would like to say that I am not a land dividing professional nor do I claim to be, I am simply posting what I have learned on my own and done myself. For all of you who try this please make sure to due ...
Taylor Jones
Do people like losing money in the Smoky Mountains?
How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...