Larry Sarner
Getting that first deal done
So I have a potential deal: Bank owned condo 2/2. Recent comps $280-290k. Bank is asking $199. rehab estimates come in at $57-$60k. I'm offering $120k. I'll probably get laughed at but factoring in the carrying ...
Will Foster
To allow or not aloow tenants to Air BnB
Good morning BPers!I'm planning to purchase a duplex, that I will live in one unit, while renting out the other. I was thinking of Air BnBing one of my rooms in my unit, but I was not sure if I wanted to allow my tena...
Cassandra Boyett
How do I decide where to buy my first rental property?
We own a house and want to purchase our first long term rental property. We live in California so real estate is pretty expensive here and we only have about 30k to start off with. I have no idea where to start lookin...
Taylor Tomaso
Should I go to mortgage broker or straight to banks?
I am looking to house hack my first rental property with an FHA loan. A 3 or 4 family in Rhode Island. I was wondering if I should go to a mortgage broker or go shop mortgage lenders. I am very new to this. Any feedba...
Reggie Chau
Is single unit ever a good option?
I have been looking into buying a rental unit. I have been reading and learning on these and other forums and have been playing with a spreadsheet for calculating cash on cash ROI and % profit, etc. The spreadsheet on...
Josh Corby
Inspection Contingeny Window
Do you guys actually pay for a home inspection and get contractor bids during your inspection contingency window? Or do you just look for a buyer and let them do all the due diligence?
Joe Assad
Why You Should Stage Your Next Fix and Flip
When flipping a property managing costs becomes essential to ensuring a good return-on-investment. But as a savvy investor, it is important to understand which expenditures are justifiable and can help move a property...
George Hughes
Would like to get into flipping houses but worry $$$ to start
I have been teaching for the past 15 years in Ct. The State budget is a mess I am not plan on seeing a raise anytime soon. With three boys approaching college age money has become a real concern. I was a builder, carp...
Igor Komerzan
Newbie from Western Massachusetts. Real estate adventure part 1
Hello all BP guys and gals,Decided to do a quick introduction to this amazing site. I've been peeking around for the last few months and have recently become more serious about buying an investment property. BP had be...
Lonnie Carter
STR Taxes and Financing Options
Looking to purchase our first STR. Are their tax advantages to financing as a conventional rental property with 20% down vs a vacation home with 10% down? How does depreciation work on STR's and does the financing s...