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My husband and I are trying to decide whether or not to pay off our first (and only) STR in Palm Desert. We bought a 1 bedroom condo in July 2024. November has been our only cash flowing month (barely), but we anticpa...
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As someone who manages short-term rentals, I've started using automation to help run things better. It's supposed to save a lot of time and make things less stressful. Have any of you tried using automation in your re...
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hello group, Baltimore area is so competitive, it's been 3 months we have been looking for deals and checking on a lot of properties and making offers, we still have nothing under our belt and always got bid out. ...
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I do not have a realtor, how do I find out how long a sold property was on market before it was sold. Any other resource to get this information other than a realtor.
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Hello BP community!My name is Priti and i live in the South Denver Metro area. I came across Bigger Pockets podcast last year and i have been reading RE books and listening to different BP podcasts since then. I truly...
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Hi, BPersThank you all for the helpful advice on my first short rental in my previous posts! I finally finished the reno and decor and now it's up for renting. So far, I have 64% occupancy in 30 days. It is much more ...
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I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
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Hello,Having delved into the informative realm of the Bigger Pockets podcast and other materials, I've learned that, optimally, a long-term rental investment might generate a monthly profit of $100-$200 per property. ...
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Hi all-I have a rental in New Jersey which I've rented out steady for 3 years now to the same family. We actually hadn't intended to rent it out, but we had to move quickly and it was faster than selling it. We have...
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http://www.proapod.com/LearningCenter.htmFormulasBreak-Even Ratio (BER) The ratio often used by lenders when trying to decide whether or not to underwrite an investment property loan...Capitalization Rate ...