Levi Koskan
STR - Transferring the business to new owner
Hi BP community,
My wife and I are excited to be in talks with a seller that has a duplex with which he has been successfully AirBnBing. Our plan is to live in unit B and continue the STR strategy for unit A. The uni...
Chris Mullinax
New Year... New Real Estate Strategy? 🤔
Just curious... Are you changing anything of your real estate business strategy this new year?
Kyle Miller
Vague piece on using online brokerages/fsbo... Thoughts?
I'm a relatively new agent. Came across this article outlining some online home selling services . Are these companies actually gaining in popularity? Anything to be worried about? Thanks
Neil Smith
Legal Structure and Project Management
HI BP fam! Quick questions getting started - 1) Which app or system do you use to manage the details of your properties? Keeping track of details of repairs for a new property rehab, cashflow, vacancies etc....all the...
Derek Schnorrenberg
Deal Analysis / Advice and ROI Calculation Help!
I'd like to get some opinions on a deal I'm considering. Property is listed for sale at $90K. It is a 4 bed, 1 bath, 2 car detached garage, single family home in C/C+ neighborhood. Seller is willing to seller finan...
Ken Williams
Commercial Lease Option with seller collecting rents and making payments??
I am working on a lease option deal on a multi-family where the seller wants to keep all accounting functions with them. They want to collect rents, pay necessary bills, take out lease payments (which would make the u...
David Roberts
Brrrr, depreciation, & refi timeline strategy
Hi BP,I'm in the process of purchasing with cash my first rental property and am planning to use the Brrrr method. Some of the dots I am trying to connect for my analysis are how the refinance step impacts the deprec...
Robert Clifford
[Calc Review] Help me analyze this deal
I'm looking at my first Mobile Home Park deal. I used the BP Rental Property Calculator. I have 8 duplexes, but MHPs are new for me. I've been trying to read and learn, and I'd like to pull the trigger on one. If ...
Robin Casper
Construction Shut Down New York
Recently the state of New York shut down all non essential construction projects due to Covid-19. Has anyone dealt with this? I’m in Syracuse NY area. I’m in the middle of a few rehabs and my contractor asked me today...
Don Konipol
How Will STR Restrictions Affect MTR Profitability?
In locations where STR become restricted, it seems probable that many, if not most STR owners who are no longer legally able to offer the STR option, will choose to turn to MTR. With a house full of furniture, and a ...