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Hi all, newbie here with a few questions regarding investing in STRs in Tulum. I’ve been evaluating a few different recommended markets for STRs (Florida panhandle, Smoky Mountains etc) and I’ve found that from a numb...
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Hello all, hope all is well. This rental has been on the market for 15 days and after 48 leads no one has qualified. Due to no one having 600+ credit score. There is a married couple, with 2 kids that claim they have...
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I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
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I recently engaged in a negotiation to buy a portfolio of rental apartments from a seller whom just inherited these properties from her late father. The properties were off market. I contacted her to discuss if she mi...
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My first (stressful) flip :)The house is a 1,875sqft 4br/2ba with a front yard, back yard, carport, porch and back patio with built-in firepit. Comp average days on market is between 36-43 for this area of town.My hou...
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I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
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Bill Gulley posted in another thread that he'd rather have "5 150K properties than 20 32K properties, all things considered. Generally, less maintenance, less management efforts, fewer collection problems, less vacanc...
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Thank you @J Scott for starting the new construction diary. It's been our inspiration to do one of our own now. In this thread we are going to track the progress of our first Crowd Funded new construction project in...
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Hi all,Generally speaking, do you think it is a good or bad idea to discuss your success in real estate with friends, family and co workers? Discuss not in a gloating or bragging way but talking about specifics of pas...
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Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...