Investment Info:
Single-family residence buy & hold investment.
Purchase price: $525,000
Cash invested: $120,000
Live in and season vacation rental (during lucrative track season)
What m...
Note to BP:
If you own a short-term rental property in the Poconos, understanding the market's seasonality is crucial for maximizing your profits. The Poconos, located in northeastern Pennsylvania, is a popular desti...
I'm representing a seller who just remodeled a property. He purchased it in Dec. 2016 but the deed wasn't recorded until about 30 days later.The underwriter wants us to rewrite the contract with a new date, get a sec...
Hi there - I have completed my first two deals, which are going better than anticipated, and am trying to keep carrying this momentum. I had a discussion with my lender yesterday about preparing my finances so that I ...
This would be my first deal and the numbers seem to work out, but I'd like a second opinion.The PropertyThe property is a 3-season, single-family house located in a lake community in northern New Jersey. It's a Fanni...
So, they say the definition of insanity is expecting different results by doing the same thing. I'm looking for others' experience and advice with regard to my latest question.A tenant has requested of the utility co...
I tried google and looking on bigger pockets but I can’t seem to find an answer. I’m looking at a purchasing a group of Multi families that need work right away. Owner is willing of course to do an owner carry since t...
I launched an STR this past June in Cleveland, Ohio. Now that we're entering the slow season, we're experiencing a significant dip in bookings. Given Cleveland's cold winter weather, this downturn wasn’t entirely unex...
Hello all,
Has anyone had any success in owning a seasonal rental property? If so, where is the property located and how do you advertise?
Thanks!
Has anyone worked with a bank that can do a conventional 30 year cash out refi without having to wait the 6 month seasoning period. Preferably would like at least 75% LTV. Currently in a deal all cash already got it ...