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Results (109)
Joshua Solomon In general cost of turning over a unit?
18 January 2017 | 3 replies

I was curious what landlords costs are in turning over a unit;2 bedrooms duplexes and 3 bedrooms duplexes 

Jean De la cruz Deposite cash while qualifying for a mortgage
19 June 2017 | 5 replies

Hello BP,
I am in the process to purchase my first investment property. Already have a pre-approval and the house I want to buy. The only problem is I only have a portion of the down payment plus closing cost in my ba...

Daniel Coleman short sale/auction/REO?
11 November 2008 | 1 reply

The house has a clear title. That was the first thing I checked when I found out it was in foreclosure. I didn't want to waste my time if there was a second mtg or tax lien etc. I've been through the file and I know w...

Sylvia B. Cap rates make no sense
21 January 2020 | 11 replies

I've read this article by Sergio Altomare - How to Calculate Cap Rate (& Where Many People Get It Wrong) several times and there is something that just doesn't make sense to me. These basic formulas do make sense:...

Neal Z. Direct Bookings vs. Airbnb/VRBO: Change My Mind
24 January 2024 | 9 replies

I've been contemplating the potential benefits of focusing on direct bookings for my vacation rental properties, as opposed to relying primarily on platforms like Airbnb and VRBO. Historically, 95% of my business has ...

Steven Westlake When to hire work? Anyone got a math formula?
12 March 2021 | 4 replies

Has anyone ever come up with a formula to solve when to hire work out? I have a entrance area needing done on an apartment, material is approximately $2000, plus a labor cost of $3000. This work would take me, by myse...

Collin Hays Would you give warning of ghosts in your STR?
30 March 2022 | 36 replies

Disclaimer:  I am not a believer in ghosts.
We owned a cabin on the Roaring Fork River in Gatlinburg that was over 200 years old.  We bought it in 2010, and it was called "Riverhaven" at that time.  It had a history ...

Robert Rutledge DSCR Lender Suggestions?
4 January 2024 | 12 replies

I've been in touch with a lender for a DSCR cash out throughout the rehab process on a purchase through an LLC.We are now ready to move forward, but the terms have now changed.Before proceeding, I wanted to check in o...

Amir Navabpour How do you know if you have a good property manager?
18 December 2016 | 4 replies

If you have never met your tenant, how would you know if the PM wasn't treating the tenant well.  My property is out of state so I don't know of any problems unless the PM tells me and so far haven't heard anything.  ...