OK, for some of you long-term landlords this is probably an easy one.
I looked at the applicants' pay-stubs and SSI letter, and pro forma, with two jobs, overtime, and SSI, they do make 3x the rent.
My main question...
Last week we closed on an 81-unit multifamily community and I shared 3 key lessons learned over on the BP member blogs. You can check out those lessons there. Now, that we've been owning this for a week, I thought it ...
I've read "Short Term Rental, Long Term Wealth" and the direction is to use STR-specific data companies such as AirDna, but to focus more on the aggregate area data instead of individual property data. The other thing...
We have a rental in a tropical area that is naturally humid and making it even more humid, our property is next to a pond. According to online weather resources, the humidity right now is 97% and the average humidity ...
I’ve been spending a lot of time visiting and researching the Albuquerque market. I’m curious to hear others thoughts on the market.My take is that it went through a lost decade and still to this day hasn’t recovered...
I am 19, Currently in college, have a 790 TransUnion score, never missed a payment on any of my debts/loans. School is all paid for by scholarships so all my debt is in 4 rental cars that my parents helped me co-sign ...
Hi fellows, I’m a newbie here, I understand analyzing cash flow is #1 thing in STR purchase, but I also want to ask about the value holding thing. The purchase price almost dictates your property’s appreciation potent...
We received a message from a tenant who lives in a shared apartment letting us know that their roommate used a racial slur and that it made them uncomfortable. The slur was not directed at them, I believe it was simpl...
Hi everyone!Long time reader, first-time poster.I found OFF-market property in San Lorenzo (East Bay area). There is 1200 SF 3 bd/2 ba old house sitting on 9000 SF lot with grandfathered duplex zoning.
Appraisal for ...
Has anyone found success in turning your primary residence into a rental, buying a new primary with 3-5% down and repeating each year?Thanks.