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What do you all think of buying vacation condos in Florida as an investment? My wife was staying in one and was talking to an owner saying she was bringing in 60-70K for her 1200sqft condo in Ft Walton Beach. Is that ...
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So I am currently living in a house hack in the basement and have awesome tenants upstairs. I just went under contract on a second home that I am planning on moving into as another house hack and renting out my curren...
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Hello Everyone!
My name is Cheryl, and I am semi-new as I lurk and have asked a question in the past. I learn SO much from this site. The information on forming an LLC and the 2%/50% rule helped me with my first purc...
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Hello everyone, my name is Vanessa Santana! I'm 19 years old and a recent highschool graduate(class of 2015). I live in the south Florida area ranging from palm beach to broward county and any surrounding areas. I'm v...
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How is it typically handled if a storm like Hurricane Irma damages a rental property or creates an extended power outage for a tenant?In other words, do I as the landlord need to put them up in a hotel or find alterna...
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I'm curious if BRRRR ("fix & rent") works in the Cincy metro area. Essentially, the ability to have your purchase price + rehab costs less than 70% of the ARV, so after you rehab you can find tenants & then re...
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I am interested in buying a property near NYC for STR. What are the closest markets where it is still legal? I have family in Westchester, northern NJ and Long Island. Would love to find a place central to those 3 spo...
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Scenerio:We own a lakefront property and turned it into a short term rental THIS summer. Would you keep it or sell? Keep in mind....June, July, August this year was at $275-$325 Next year, our rates are $340 in the ho...
Fairly basic question, but want to understand a few of reasons. Are people just using them to purchase cash only properties? Or are you they using them because the bank won’t lend to them? What’s the typical LTV on a ...
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Background: have 2 rentals purchased in the 90's, looking to start investing again. I am interested in buy / hold (or buy and flip if right property) properties. Financing strategy question.I have the assets to buy p...