I am interested in investing in Short Stay Rentals (e.g. Air BNB). What’s the best way of calculating the income one can expect to get from such rentals.Steps I have tried1. Looking at property listings on AirBNB As I...
Let's say we have our Gross Potential Rent and we add to it Utilities and Misc. Then we have to exclude Physical Vacancy and Economic Vacancy to get to our Gross Operating Income, right? 1. What info do you use for Ut...
Hi team, I have been analyzing deals for 6mos and haven't pulled the trigger on a flip yet. Primarily this was due to the fact that I didn't have the right pieces in place (LLC/Lender/GC/Broker/etc). Those pieces ha...
Hello,
Fellow SFH landlord here. Had an idea that I wanted to run by y'all. What would you think of building new (using a "build on your lot" stick builder) a single-family home that had say 6 large bedrooms, each wi...
Hey BP,Been working with MI/REI Nation as the general bp consensus seems to be that they are a reputable and well managed/respected turnkey provider. I’m looking at some pro formas they’ve provided and running my own ...
Hey all,Wanted to get your opinion here. I'm investing in California, and have been looking at a number of duplexes. After gross rent, I'm deducting an immediate 30% off the top for variable expenses - Vacancy at 5%, ...
I'm still new, but trying to practice evaluating opportunities as I see them. Could you guys help me make sure my thought process is correct for the below opportunity? Tell me where the holes are.There is an opportu...
I've always been so impressed and inspired by those of you buying properties in LOC areas, fixing them up, and cash flowing or flipping. I went more of a conservative route - Bought a $400k house in Austin, TX pre cov...
Hi there, I have a question for property management company owners. I was wondering if it is common practice for property managers to supply bookkeeping services as well? Example: A property management company takes o...
Hi - I recently purchased a rental in the Dayton area and I am looking to do more off market deals but am struggling in a specific neighborhood in my target market. This neighborhood was required to convert from well...