Tony Johnson
Hire assistant for comps
Guys,
I had to be honest with why my business isn't able to make offers and the primary reason is that it takes me a long time to do comps maybe 15 mins on average if an easy home, 30 mins if unconventional. I do sal...
Steve Fitzgerald
Tenant requesting lower lease
I have a single family house with an in-law apartment. There are five bedrooms, three bathrooms, two kitchens, and two living rooms. I’m giving background on the house because it’s not a typical SFH. I have a renter t...
Jim Growfer
How to figure out my Debt Coverage? 7% factor?
Can I use 7% interest as a conservative number to figure out my mortgage payments? If i got $1,000,000 Lent to me. I would pay 70k in mortgage payments per year
Paul Cox
1st STR purchase...Start Big or keep it small to being with?
Hello my STR gurus,
My wife and I are trying to decide where to purchase our first STR? We're very interested in the Outer Banks area (Corolla). Knowing what all of you know now, would you start with a large home (th...
Winston Parks
Developing 8 unit apt bldg in Middle TN - Here are my numbers...
Fellow BPers,I am in commercial RE development of smaller stand alone buildings that at this point are fairly cookie cutter. I have an interest in Multifamily investing; however, to this date I own ZERO investment pro...
Chad Hurin
Tenant accustomed to current landlord picking up rent payments...
Hi,I just wanted to get some typical ways some of you landlords receive rent payments. I'm about to acquire rental properties where the long term tenants are used to the current landlord driving by each property and p...
Richard Bader
Rental Showing advice Please.
I have a home I want to rent. The problem is it is 1 1/2 hours away from where I live. I anticipate renting the property for $350.00 - $400.00 a month. What is the best way to show the property and field all the call ...
Ozzy Smith
What's YOUR Definition of a good deal?
So let's start the great debate.... Is this a good deal?If you spend 2 minutes in the forums or talk with any new investor that is the question you hear when analyzing a deal. In the real estate world that is the que...
Joshua Flamm
Setting Up Your LLC in foreign state
Long and short. I live in Florida. I am buying an STR in Tennessee. My CPA strongly suggested that I set up my LLC in the Tennessee for tax purposes. It has proven to be more difficult to set up than expected mainly ...
Cole Schlack
Is anyone still buying STVR's
I am an agent in Hawaii and we have seen a massive drop of STVR buyers since rates when up, Rental income still covers the higher interest rates but seems buyers are gone. Just wondering if there are buys still out t...