Patty Capson
Determining occupancy/vacancy rates for short term rentals
I've considered buying a short term rental. How can I find out what the vacancy rate is in specific areas? I'm looking at the Colorado Springs area, would greatly appreciate any input.
George Mortimer
Too good to be true, skill or luck? 25-year old "millionaire"
I came across this article on CNBC: https://www.cnbc.com/2020/02/28/budget-of-millennial-millionaire-who-saves-80percent-of-his-income.html
This guy bought his first house at 23 by using his $19k in savings and a 3.5...
Chris Blackburn
Real Estate commissions? Thoughts on a $34M sale $400,000 ($200,000 per) to $500K
Thoughts on this commission? Too rich? One more layer?Here is what one of my 4 AIs say:The commission structure detailed in the image for a real estate transaction involving a property valued between $30M and $40M...
Neil Narayan
2024’s hottest ZIP codes and hidden gems
Opendoor Technologies Inc. has released its annual list of the hottest ZIP codes in the country for home sales. This year’s most popular areas are known for being fast-growing cities with plenty of new development, wi...
Gurjot Grewal
Canadian buying in the US. Best rent to value states?
Where I live the median home price is around 1MILLION. Even out of province the prices and rents here don't compare to many US markets. This has lead me to pursue this new challenge.
I have about 80k saved, and make...
Scott Gombar
Marketing using Facebook
I just sent out some direct mailers, very targeted ones at that. It is my first attempt at marketing for wholesaling. I am a marketer by day and I am very aware that it takes multiple touches to reach people so I fi...
Samantha Soto
Cash on Cash ROI...reality check
Hello everyone,I'm new to this and working on acquiring my first deal along with my husband @Jose Soto. We are looking for properties in the Huntsville, Al area. We have primarily been looking at SFR. We have been ...
Michelle Caines
Property values depreciate??
Hi BP,I've been looking at potential rental properties with no particular location in mind and came across homes in Danbury CT. According to Zillow, a great amount of homes here that are in the $200-300k price range h...
Bracken Bjorn
First-time investor: Out of state or local?
Hi!
I am a first-time real estate investor looking to make my first deal by the end of the year! I am located in Northern Utah and would love to invest locally, but it does not seem feasible for my strategy and finan...
Mark Grozen-Smith
Short Term Rental Expense Ratio
Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...