Wondering if any of you out there have some sort of "formula" you use to estimate repairs/maintenance and vacancy reserve costs when evaluating a new property?
I have been sort of guessing on mine so far and doing 5% ...
Hi everyone!! Thank you for reading!A little about me: I've saved money for years to buy my first prop and will short term rent/Airbnb. My budget is around $500-700K. I'm preapproved up to $1M but that's a level of ri...
I am fairly new to BP and the wealth of information is absolutely amazing. Quick background on myself. I had several rental units prior to Hurricane Katrina (yes, from the New Orleans area) and all of them were wipe...
Good afternoon y'all. I'm a pretty experienced LTR and MTR investor in Texas. I'm looking at perhaps acquiring two or three SFR's in the Fair Park/South Dallas area. I don't live in that area, but I frequently atte...
After my tenants finally left we found extensive damage to the floor from their dog urinating on it plus scratches from moving furniture etc. The damages exceed their deposit and I have sent them a letter stating we ...
So this is an idea that my wife and I have been bouncing around for the last couple of months. We are new to investing and looking for some rental properties. Preferably we would like to start out with short term/Airb...
I know most here will rip this deal to shreds and says its too thin, but why? What am I missing. The property is a duplex in immaculate condition and rents for $1,500 per month. I know this neighborhood like the back ...
Has anyone bought into and experienced the full-blown Success Path System? I have learned a lot, but not convinced on spending the money. As someone at the first steps, but anxious to get started, is it a scam or wor...
I'm looking to get my first STR. The goal starting off is a place that my family enjoys visiting and renting the rest of the time. I recognize that when my family visits I'm hurting my profitability, but that would ...
My father is interested in possibly getting a retirement home close to the Ocean. What markets close to the ocean would be the most affordable for both retirement and getting a few buy and hold cash flow investments ...