Dan Costantino
Selling a house via Lease Option / Owner Finance under Dodd-Frank
I have a property that I haven't had much action on. I have about $95k into it. I have it listed for $119,000.
I posted it for rent at $1300/mo and have 4 showings scheduled in less than a day.
I have...
Candace Buckstead
New REI looking for some tips on getting started!
Hi all! I'm brand new to this site and starting to integrate myself in this network. I currently have around 25k to invest, and in the next six months will likely have around at least ~50k. I'm 22 and living at home, ...
Zachary Corum
Uber Driver Applicants
Does the rise of self employed workers driven by (no pun intended) companies like Uber, Lyft and other app driven service jobs pose more risk than a standard 1099 applicant? Sure some can make 55k a year but some mont...
Kris Schonewill
Just getting started
Hey y'all,
My name is Kris and I wanted to introduce myself to the BP world. I am new to BP and REI in general. I live in Nashville TN and have been here for about 7 years. My wife and I are currently starting the pr...
Brian Kosack
Mobile homes??? Good investment?
Hi all, I am new to investing and thrilled to get going. I am looking at small multi families BUT mobile homes seem very attractive. Basically cash sales or very low investment for a very modest but completely posit...
Ashley Parker
How to make sure a private lender is legit?
I have been talking to several private lenders and for some reason I keep getting thrown for a loop. Everything starts off seeming legit and then things turn and I start second guessing the lender. I have found two th...
Calvin Baughman
The Impact of Guest Satisfaction on Your STR Business
I’ve been doing this for a while, and even though I have a lot to improve yet, I had some insights about how to make guests feel more comfortable in my property. I think sharing it might help a few people and maybe yo...
Jaime Paniagua
What to do with your money while saving for a down payment?
Hey,In the process of saving money for a down payment on my first rental property. It would be nice to obtain some type of return while saving. I feel like I am missing out on opportunity cost. Parking the money in a ...
Allie Foland
Buying my first rental can I do concessions
I’m a real estate agent and I had a client reach out wanting me to list her house. She wants $130,000, but she has a tenant in there now who’s lease isn’t up until 2022. Her tenants are reliable and pay on time, she’s...
Mitchell Maginnis
STR quick & dirty calculations
Hi!I am wondering if anybody has any "quick and dirty" calculations (similar to the 1% rule in LTR investing) that they use when underwriting STR's?I have heard some are aiming at 20% COC return. Does that include dow...