Hi there, we recently purchased a single-family home in a town in Goshen, New York for the purposes of listing it as a STR.
Just before closing, while we were in contract, the town placed severe restrictions on STRs....
I hear a lot of people wanting to give up on their STRs because the model has a lot of vacancy (inconsistent rent) and takes more work than a buy-and-hold asset. What do you think about the co-living model as an alter...
So it's held by my local REIA group "TRIAD REIA" and it's occurring on Nov 17th. What's the best way to decide and come up with good questions? There'll be 3+ speakers and a 30 min interval before so people can meet a...
I am exploring different ways of funding my purchases. Because I do not have the working capital I was thinking of Hard Money. If I get a hard money loan, how does paying it off work, its it like a regular loan where ...
Hi BP community! I was wondering if somebody could please explain cap rates for me? I’ve watched videos and read articles but I can’t seem to understandHow do you calculate them? When do they matter?Thank you!
Hello I live in Illinois and I would like to know how to find properties that are in foreclosure?
Today we live in a more transparent world than ever before. People are becoming aware of what is going on and how things are done, given the access to information via the internet. Everyone is directly affected by rea...
How do you draw the line between wear and tear vs just excessive force & abuse?Example, if within a two month period you had the microwave oven door handle broken off, refrigerator door handle broken off, the exte...
My goal is to be 100% done with my W-2 job in 5 years through REI and move from LA to Colorado. If I can do it sooner than all the better.I hear on the podcasts so-and-so quit their job and now are doing this full tim...
Looking for some of the creative finance wizards out there to chime in on this one!I had an interesting conversation with someone in the private lending world yesterday. As a method of real estate financing and an al...