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does anyone have an analysis for looking at Vacation Homes? Own a vacation or short term rentals in AZ. Appreciate any shared exp. or what to look for and what to stay away from. Use a PM or self as I see many...
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Hi BiggerPockets! I am grateful to have found a forum comprised of such knowledgable real estate investors.
Background: I am a 27 year-old military officer with no prior real estate investing experience. My i...
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Hey BP,
I'm a newer investor looking to scale up, and something that seems to be throwing off my calculations are expenses that don't seem to match reality. Currently, I use the following numbers:
1) 10% Vacancy
2)...
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I am looking for any advice and ideas for checking and savings accounts for rental properties for purchase and management stages. My questions include:-Do you have a separate savings account for acquisitions? -Do you ...
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Anybody know if this is legal? They offer 30 year lease option and have tenant buyer responsible for taxes, maintenance and insurance. Each month the balance to buy is reduced but 1/360th.
Technically looks l...
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We've recently purchased a buy and hold in Texas and the water is very hard. It's 5 years old so I'm sure there's build up. I'd like to try to reduce the effects of zero maintenance during this period and implement a...
What is a good rule of thumb for putting money in your pocket/ to RE invest etc vs leaving in account for maintenance etc? Say you gross $1500/month in rent and after all bills are paid every month you are left with $...
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I rent a garage out. In the garage there is a vehicle lift which as of late is now broken. I feel it is due to lack of maintenance on the tenants part. There is a clause in our rental agreement which states maintenanc...
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If I were to invest in a mobile home park out of state, then how should I go about the management aspect? Are there property management companies that I can hire? If so, any recommendations?
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Hi all, I have an out-of-state rental in Oklahoma. It's net income is a loss due to high turnover costs, management fees, etc. If my net income (rents- expenses and mortgage) is below $0 do I still have to file in O...