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I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
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Hello!I own three units near Ohio State University that I have considered converting from LTR to MTR. If anyone currently MTRs in this area, I am curious on how you got started, how you run your operations, and how yo...
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Hi all,I have recently acquired a duplex to do house hack with. I was planning to have a long term tenant but received some comments to do Airbnb as well. It is a 2BED/1BATH unit. For anyone who has done something ...
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Hi BP members, We had 2nd floor tenants went on vacation and they turned off their heat for one month, so this Monday the water pipe busted. The water gushed in into the hallway and basement. 30min later, another wat...
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I am planning to do a house hack (I will live in the house, and rent out the other rooms). I am wondering, what is a "good enough" size bedroom for most tenants here?
Looking at buying a house, I sometimes see a pl...
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Investment Info:Single-family residence buy & hold investment in Island Park.
Purchase price: $250,000Vacation cabin rental in Island Park, close to Yellowstone National Park. Our second buy-and-hold property...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $180,000
Cash invested: $50,000
It's a freshly updated 4 bedroom, 2 bathroom ranch home. Fresh paint throughout, be...
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Since the pandemic hit in late March, many are not sure how they feel about staying at hotels or short-term rental platforms such as Airbnb, Vrbo, Booking.com, and Tripadvisor Rentals. Airbnb, with 7.7 million active ...
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I house hacked by the room for 4 years. As a landlord I’ve had some situations I never thought I would experience.I would like to know the crazy stories of others. I definitely have improved a lot my screening process...
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I’m changing gears and going to go all in on an STR to start. I eventually want to use the cash flow to buy another STR to then purchase some LTR’s thanks to the recent BP podcast I was inspired to go this route as it...