Account Closed
Mortgage or no?
Hello all!
After reading about benefits of being a landlord, I have finally entered into sales contract of my first investment (kind of, will explain) condo!
Sales price is $280k and with $500 HOA and $600 tax month...
Richard McCorkle
Estimating Repair Costs In Canada
Good Evening,
As someone, who is new to the wholesale aspect of real estate in Canada, I would like to ask those, who already have experience in the wholesaling sector.
When estimating repairs, are the costs increas...
Jason H.
Ohio 4-unit properties at 80% market value
Ohio I've noticed has some high cap rates for multi-family properties. Can some of these properties be acquired for 80% market value and what does this entail? Is it a situation where a cosmetic rehab is necessary f...
Marylin OShea
Optimize occupancy using different strategies for Airbnb vs VRBO
Hiya BP community - I am an investor & STR host in Annapolis, Maryland. I have been hosting my SFH property in both VRBO and Airbnb for nearly two years. Had a record year last year and I am thinking with a bit mo...
Danilo Ojeda
Good property managers in Minnesota
At the end of 2019 I went with a property manager to find tenants for a townhouse. The agreement we did was for 2 years with paying 1 month and a half. I didn't do the month to month management, because it was going t...
Russ Trimboli
note creation and sale at closing
im trying to develop a system where i am buying a property with cash, rehabbing, and then creating a first lien note at 70-75% and then having an investor poised to purchase a partial at closingwhat can i do to find a...
Mike Nelson
Rent rates in slow season
I am noticing, as usual a lower demand by prospective tenants for vacancies which open up during this slow time of year. If I place an ad, I will get a fewer responses. I can demand more rent in a busy season, becau...
Mariam Jalalzada
Airbnb long term rental
For those who have tried Airbnb long term rentals (typical more than a month), how do you factor in the utility bills? Do you factor it in the monthly rent or do you charge the guest who is basically a short term tena...
Heidi Kenefick
Interest rates seem through the roof!!!
I have spoken to two lenders this week and interest rates are so high compared to even a couple of months ago. In October I refinanced for 3.125 on a rental, in February I got a rate of 4.125 on a rental and now I’m b...
Josef Bryan Gerster
How can I increase mid week bookings?
My cabin has been consistently booking for the weekends since we launched a couple months ago with the average person booking 2 days in advance. The issue is trying to get bookings Monday-Thursday. Any suggestions? Is...