Tobey Porter
Vacation Rental PM
Good Morning,I'm headed down to Florida next week and look at potential vacation rentals and speak with some local property managers. I'm looking from some experienced insight as to some questions, maybe not the usua...
Ashley Wilson
Scaling our Flipping Business
Hello BP Community,Almost two years ago, my father and I started a flipping business together. Since then, we have flipped three houses (two already this year), and will be closing on our fourth in a couple of weeks....
Tim Bergstrom
Experience in wedding venue investments?
Hey BP!I'm jumping on here and posting this to get a pulse on a sector that I'm interested in due to my STR experience. I'm interested if anyone on here has any or much experience with owning a wedding venue? Obviousl...
Justin Moy
How To Vet A New Sponsor
Experience is a big part of vetting for sponsors in syndications or other passive investments, but I don’t think it’s a deal killer if the sponsor is new. Here’s the top 3 pieces of advice on vetting a new sponsor: 1....
Jessica H.
Property Manager Fees & Income Tax
Hi everyone,This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these fo...
Rachel Verdoorn
Input from Private Landlords for a Digital Application
Hi, community! My name is Rachel and I owned and operated a mid-sized property management company in Oregon for 6 years. We sold the company in January of 2020 (good timing) and I am now in digital application develop...
Marijuana (MP) Vandyck
FHA Loan Hack for small mobile home park...??? What say you!
Hey fam!
I've earned the nickname MacGyver since childhood because I am always looking for, finding, and creating loopholes and alternate ways to accomplish the same goals others take the traditional paths to accompl...
James Maness
Financing
I am looking at a 44 unit complex with a NOI of about $287k prior to debt service. Historical occupancy rate of 93% (last 5 years). My salary is in the 200k range. Credit score 790. I currently have 2 SFH I use as...
Dmitri K.
How to value park with additional non-pad income.
If a park has other sources of income - one in particular that comes to mind is self storage. How would you value that? Economics and dynamics of self-storage are different and i am not sure if it would be fair to app...
Jeff King
Lease agreements
How did you guys/gals create your lease agreements? Gonna be renting out a house this spring and have absolutely 0 experience with this. Might have a property manager handle everything but I would rather do it myself....