Ross Ellington
The Price of a Note?
Hey, good evening BP! I was wondering if the purchase of a note was anything like the purchase of a house? Meaning is their a type of payment plan or is it paid in cash for the note. Also, is there any science to pric...
Ryan Mulder
Avoiding Tenant Rights
Hey! We have a property we're just getting started with in Mars Hill near Asheville that we are short-term renting. I want to increase the max amount of nights a guest can book but I'm afraid of running into the iss...
John McKee
How many beds should an average STR have?
Is there a sweet spot of bedrooms or baths that the average STR family needs. Also what size of beds? Is it worth it to get a queen vs. a double. What is the most marketable kind of layout when it comes to bed and ...
Julia Hagen
Do I count my "Doors"?
I have three homes, some of which I've subdivided into individual units, one of which has an attached granny, one a remodeled garage studio, and another in which I just remodeled the master suite add-on into a large s...
Aj Bowman
Putting an Addition on a House that has Septic and Well
Hi Everyone,I have a house in Maryland that I am looking to flip. Right now it is a 1 level 2 bed 2 bath 880 sqft. house. I am thinking that this would be a hard sell after repairs for obvious reasons. So I was thinki...
Monica Seth
Capital gains question (2-out-of-5-Year Rule)
Thank you in advance forum members. I need clarification on whether the 2-out-of-5-Year Rule would apply in our situation to get full exclusion from capital gains tax.We
live in CA and had purchased a condo in Jan 2...
Kevin H.
5-plex / 6-plex financing? Rates? Availability?
A few of the properties I've been eyeing recently are 5 and 6 unit setups. Some of these have had all of the units under one roof, and some have consisted of alternative designs (like 2 triplex units on the same lot)...
Jay Gibbs
FHA 203K monthly payments
Hello Everyone,I’m thinking of doing an FHA 203K loan for a 2 unit building to convert it to a 3 unit building. This is going to be a full gut rehab on the entire building. The renovations are going to take anywhere b...
Matthew Irish-Jones
Calculating Returns is Pointless... If you skip this step
Decided to post since I keep seeing the same mistake. Its almost always from new investors. Please don't make this mistake you will pay for it.Step 1:You are interested in Real Estate, want to live off of passive in...
Chris Good
Adding Value and Controlling Costs
In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...