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I have been approached with a deal to purchase an older vacant hotel. There are currently 6 apartments 22 hotel rooms and a 3 bedroom house on site. Purchase price would be 150k and needs about 200k in improvements. S...
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I've been looking for an investment property for about 2 months now in a vacation area that is about 3hrs away from my city. It's overall a good area for STRs. I found a house that I think has potential - AirDNA is es...
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I am a data guru/excel junky and part of my professional gig is building automated tools using Excel and Access and lots of coding and macros. I have built a simple (in my highly automated subjective opinion) excel s...
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I am brand new to investing and my passion is in hospitality so I am looking to start with a STR. I know there is a tool here to determine if a long term rental is a "deal" but I want to know where to begin in findin...
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Hello all. I have an interesting deal I'd like to get your opinions on. A broker sent me an OM on an apartment building that was converted to student housing a few years ago. The owner's an older man with some health ...
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Does anyone have a sample letter that they send their tenants after they move out? This would be the letter that you send them along with their security deposit that you may or may not be returning in full.
I...
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Hey BP Fam! I'm in the process of buying a student rental in New Hampshire, and I'm just trying to make sure I don't get caught holding the bag on a bad deal. Right now, it's a 2% deal because it's being rented by the...
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Is it the same as flipping homes to an investor who will then sell that same property to someone else at retail price? We use the wholesale formula to get our offer price to the seller. Then we flip property over to e...
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Hello, as it turns out I'm about to sell a property. I'm going to effectively have just over 1m dollars cash money to invest in something. What would you do if you were me?
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I am currently shopping for an investment property that I plan to run as a Short-Term Rental on Airbnb from afar (2.5 hours driving distance) and I am currently investigating property managers/management companies for...