I understand how and why to use a standard formula of 70% ARV - repairs - my wholesale profit when making an offer to a motivated seller.However, I have some buyers who seem less interested in getting a great deal (30...
BP colleagues,My husband and I are embarking on our first SFH short term rental that is 4 hours away from us in a semi-rural area of Texas. I've posted before asking for advice on if we should go forward with short t...
if there is no positive cashflow expected by renting single family home here in bay area, (as property tax, mortgage and competition etc too high )what can be done to increase rental value of the home without increas...
Hi BP,
I am a new investor and just started my own one-man handyman service last week. I just got my $1 million insurance policy and am ready to get started!
I am looking for tips and advice from seasoned landlords...
Need a bit of advice on this... Here's the situation.About 5 years ago I took over the mortgage payment for my mother's house ( I don't live there, currently renting an apartment with my wife). I never realized this w...
I've been around this business long enough to see just about every scammer out there. I've noticed that all of the scammers use certain words: Here's my list:
1. SECRET (the gurus have a secret alright. The secre...
Hi everyone,
How does everyone handle pets in their rentals. Currently in PA. pet deposits, non refundable pet fees, or pet rent? why or why not? and what are the fees you use for dog, cat, rabbit, ginea pig?
I'm ...
There is a lot of hype around Vacation Rentals. It's true that they can generate higher cash flows compared to long term rentals, but there are many factors that I think people overlook when they haven't done a vacati...
As it becomes more prominent in the US it seems there should be a discussion on renting by the room. Yes, I'm aware that this has been done forever with student rentals, but I'm specifically talking about post-college...
I am really struggling with this decision. I own a home in Santa Clara, CA with over $500,000 equity. Maybe as much as 6-800,000 in equity. We will be moving to Idaho next summer. We have a daughter who will be start...