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I am constantly told by investors, particularly new investors that MLS properties are bad investments and they will only purchase "off market" properties. Here's a few thoughts to think about:1. What exactly is "off m...
How to Find a PM – Six Qualities You Should Look For:
1. Look for Experience
Experience is a big plus in many industries, but it’s crucial in property management.
After all, you’re entrusting your property in someo...
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I want to network with other people on here that want to create unique STR experiences. Think a tree house, a lake house, a barn, etc. I am more intent on creating the unique experience and feel creating the unique ex...
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Hello all, I am currently interested in a single family home in memphis as an investment. It is a normal sale from owner and is currently occupied. The owner has stated that about 10 years ago this property was in ...
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Hey BP!Just got an inspection report back on a SFH in the Midwest and I have some questions.The house is a single level with no basement and a crawl space which houses the ductwork and structural members.The report tu...
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Who has done this? What struggles and victories have you experienced?
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We had a challenging tenant finally move out today, 6 days late. To give some context, she lived in our basement rental unit and had a one-year lease. We saw she was a complete mess, she ALWAYS paid late, and wasn't e...
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I am looking to inject (contribute) some money into one of my LLC to finance some new acquisition this year.I am refinancing my home (that is under my own name) and will use the cash out as contribution into the LLC.I...
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I'm planning to move cross-country soon (2000+ miles) and plan on renting out my current condo. The unit is in top shape and updated, plus located in a great location. My concern is whether I should hire a property m...
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It seems like a lot of people in BP nation like to self-manage STRs. Nothing wrong with that, but for me no thanks. I have managed LTRs for decades and no longer want to manage anything. Maybe a fishing pole. I have n...