Due to the great wealth of information and helpful people on BP, I was able to get my first home under contract last weekend. Here are some basic details about the property:
$230,000 triplex (one unit per floor)Built...

Has anyone out there rented to both travel nurses and long term renters? Which was more profitable? Which was hardest to manage? I like the idea of renting to travel nurses, but there are always some landlords renting...

TL;DR: We are good at long term rentals, but we want a beach house. Is that a bad idea?Background: My husband and I own a few (mostly local) long-term rentals that all have a positive cash flow. While I'm not finding ...

Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...

Ok all you STR pros, get out your red pens, I need some feedback!
A couple months ago I purchased my first STR. The house is in Canyon Lake, which is a beautiful lake known as the Jewel of Hill Country. The market we...

Is that the rule of thumb?So for a 2-story house with a basement unit (combined for a total of 2 units) with a market value of $550,000 that also has 6 parking spots, 3 indoor and 3 outdoor I should be able to collect...

I live in a town that has a large number of mobile homes on city lots very close to an iconic/touristy western main street. It is a small town about an hour away from a larger affluent/growing community; Bozeman, Mon...

Looking at purchasing a vacation rental and furnishing it in Phoenix; any advice on location, size and what to expect out of short-term tenants?

Hello! I have been working in Los Angeles as a large scale event producer. I oversee everything from design and décor to fabrication and permitting. I'm talking multimillion dollar parties, where I convert dirt lots i...

Hi everybody,
I recently found a listing for small mobile home park in my neighborhood. The park has 12 mobile homes, 1 SFH, and 1 duplex. The park is for sale for $800k and one of the mobile home park vacant is a 2/...