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Hello all!Typically when I am analyzing STR deals my most efficient way to find out if a property will cash flow well or not I use the 15% rule. This is where the revenue for the property needs to be 15% or more of th...
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Hello! I am hoping to get some insight on minimum stays for STR. I have been 2 night min, but I have heard that you may get a better quality guest with 3 night minimum. Any ideas?
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Below is a rehab I just closed. This was a great deal for myself, my lender, and my private investor. It was a rehab in a hot market in East Nashville.1. How I found it - Like many of my deals, I found this one via d...
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Hello all. I am a new real estate investor and I have just completed a renovation on my first property. It's just about time to refinance to find another property.
I have several questions.
1.)Who should I refinanc...
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I have an opportunity to purchase a very beautiful and unique property - striking century manor house directly on the river, 1.5 acres, huge detached garage/workshop, in a quaint little town 15 mins to two major citie...
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Good afternoon,I have a property in Gainesville, FL that I am thinking about turning into a midterm/short term rental. It is a 3/2 with a converted one car garage that is a bonus room. This room has the washer, drye...
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The Fed increased its benchmark federal-funds rate again this Wednesday which will now range in the 5-5.25% representing a 16-year high. Some economists are claiming that this raise was already priced into current mo...
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The Portland market has been very good to us and has provided a nice landscape to try out different real estate strategies and niches. One of these strategies was short term rentals. They provided killer cash flow and...
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Hey there! I'm new to BP and new to REI in general. I'm still a renter and looking to first-time homebuy (or house hack) in the next 6-12 months.I'm noticing that as I scan Zillow for properties, I'm unsure what I sho...
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Hello community,I have been debating whether switching to gas water heater makes sense over swapping the old tank WH with a new one? Tankless WH cost has dropped significantly, they tend to last longer and are less p...