Jonathan Stone
Leaping Hurdles to Close My First 2 4 Plexes 100 Miles From Home
BackgroundIn 2010 I bought a bank owned 3 bed 2.5 bath single family property using an FHA loan which required a 5% down payment. The purchase price was $73K so this equated to approximately $3,700 out of pocket. Dur...
Matthew Tregoning
What would you do if you had $120k to start?
Hello Everybody,
Long story short I have around $120k to start my real estate investing journey. My goal is to become a full-time investor in the near future. I've been studying the game for around 2-3 years now, so ...
Dan Cerempei
Renting or selling my 1st house
I'm in process of buying my 2nd property as my maine residence. Thinking to rent my 1st property. Just numbers don't really add up. So:
1) 1200$ mortgage payment
2 ) extra 100$ a month cause we are loosing homeste...
Jason Sousa
To Show Or Not To Show Before An Application is filed?
Hey BP members. I am having a great deal of issues getting renters to sign an application to see if they qualify before showing the property. It seems like renters want to see the property before they file an applicat...
Petya Toncheva
How far to bend for a new tenant
I recently purchased a duplex in Fairfield county. Each unit is 2 beds, 1 bath, 9 ft ceilings, parque floors, both apts are 1066 sq ft. Cost: 600kDown:25%When I bought the property one unit was empty and the other uni...
Jake Chial
Looking to start VRBO STR in south Cape Coral this year.
Hello all,I'm looking to start doing STR in cape coral. I spent 2021-2022 living out there. I like the area SE of cape coral pkwy. Based on what I have seen renters could ride a bike to the beach and be within walking...
Bonny Drago
STR in Lake Arrowhead ?
Thinking of buying a vacation house in Lake Arrowhead, CA and doing STR with it while also using it ourselves .What are your opinions? Compared to buying in crestline or Big Bear? What is average occupancy rate? Avera...
Michael Littleton
How do you get by the Debt to income ratio to grow your business?
Hi All!I am a part-time investor, own 5 long-term rentals outright and just getting into the STR's (just bought one in FL a few months ago, using the 2nd home 10% down strategy). I have listened to Avery Carl's book,...
Steve Bell
Taking a cash out refi advice for a rookie
My partner and I recently bought and rehabbed and furnished our 1st STR. Had my real estate agent come by to take a look at the finished project and got her unofficial opinion about the value of our new vacation renta...
Devin Haertling
Charging tenants late fees
I self manage 6 SFR. With my first lease I started with a flat $50 fee if rent wasn't paid before the 7th of the month at 9pm. A tenant took advantage of that and now pays at the end of every month but I get an extr...