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I love reading the Deal Diaries on BP so I thought I would write my own. Hopefully, it will help others learn from my experience and avoid the mistakes I make (I'm sure there will be plenty!)This will be my third rent...
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Over the last several months I've spent a significant amount of time reading books, BP forums and almost anything I could get my hands on, to prep myself for my Real Estate journey.
I've finally lined up a ha...
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I've heard the horror stories from landlords about how the tenant they were evicting poured cement down the toilet, played hammer darts in every room, ripped out the copper, or left piles of garbage for the landlord t...
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Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...
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I want to try using AirBnB or FRBO to rent living space to corporate customers at a rate lower than extended stay hotels and by providing an atmosphere closer to a real home. It would be completely furnished. Of co...
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In a competitive market, you would expect real estate commissions to get competed down between brokers. For reasons I don't understand, commissions stay high across all brokers at around 5% to 6% per deal. Can som...
so i was reading this http://www.biggerpockets.com/forums/67/topics/21771-gut-rehab-costs and got the definition of a gut rehab
"A major restoration project on an old house or other building, ripping out ...
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Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
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I'm surprised there's not a category for self storage. In my opinion, it's as lucrative as mobile home parks and easier to come by.I would love to connect with others that are investing in self storage facilities.
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I spend a decent amount of time lurking here but rarely post. That said, I thought I'd share my recent Mobile Home investment story. I was looking to buy some mobile homes last summer for cash and then flip it as an o...