My close friend is an interior designer and furnishes' AIRBNB's on the side. She said it'd be $15,700 to fully furnish it as an AIRBNB (that is not including the kitchen demo we are doing.) That seems high to me but h...
Hi Everyone and Happy New Year!I apologize if this post comes up twice. I don’t think it worked the first time I tried. I am new to buying and holding. I live in SoCal where mls homes do not cash flow positive. I have...
In Podcast # 109, Scott talked about the limitation of insurance policies. Basically, from what I understood, the interest of your insurance company does not necessarily align with the landlord's. So when a claim is f...
Winter in Iowa is a chilling experience, no doubt, and one that needs to be strongly considered when your are an investor of mobile homes. A very inconvenient situation to find yourself in is one where your tenant ca...
HI BP,I am currently looking at buying a single family rental property that is currently rented. I personally know the person that owns the property and am close friends with him. He has informed me that the tenant ha...
I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...
The short-term rental industry is taking a hit, especially those AirBnB arbitrage folks. Even if the market recovers, this summer may still see large losses as people focus on getting back to work and paying bills. I ...
I'm just curious on how many people honestly just do it because it's good money and makes sense. Or, they do it because they have a true passion? How can you tell if you have a passion? Honestly, I think it's just g...
I have had a FNMA property under contract a few weeks now and was to close on it tomorrow after a few minor delays. I just got a phone call fom my bank telling me I could not borrow as much as I need according to an a...