Hello Biggepocketers, This is my first post and I am finally getting my feet wet. I am considering an owner-occupied Duplex and I got these two mortgage quotes:FHA: 5% down - 3.375% - fee: $400 - Mont...
My husband and I are 85% done on rehabbing our first investment property. It's a 1942 duplex in High Point, NC that we plan to AirBnB. When I originally did my budget, I didn't include refinishing the floors but after...
Hi all,I'm new and would like to rehab my primary residence and afterwards, either sell it or rent it out.How do I figure out if it's more profitable to sell or rent?Who should I contact or where should I start?I've s...
I have been asked if I would be interested in managing a pretty large house as short term rental. The owner is going to be moving out of state.
The house, cabin, and 2 car garage sit in 17 acres in a pretty affluent ...
I am trying to run financials on various STR markets (Smoky Mtns, FL Panhandle, etc.), but I am having difficulty determining average cleaning fees. I know this will vary based on the size of the property, but is the...
I have a renter whose insurance is going to pay for his rent. They are ready to pay 30% more rent on two conditions:- They will sign for 7 months, then month to month(i’m okay with it)- The have a big dog Anatolian Sh...
I've found a house (my first investment prospect) that I could flip with good margin. The lenders I've talked to said 6 mo or less wouldn't get me a traditional loan and I'd likely have to go with a rehab loan. Is tha...
I found what seems to be a pretty decent 4 unit 2br/1ba quad-plex with great numbers. Its listed at near 150k, but I think I could get that down to mid-$130k given that the property has been on the market for a while ...
Hello All,
My business partner and I recently Purchased a multi-family property in the Portland, OR area, inherited 7 tenants, and have just gone through our first round of rent payments...and you won't belie...
Indianapolis is proposing registration for all Landlords in Marion County. Is this something that is common in your area? There will be a $5.00 fee and a $500.00 fine if you don't register. I can see issues with...