Leo Mich
Clearwater/Gulf Coast - Short Term Rentals
Hi Everyone! Thinking of dipping my toes in short term rentals. Looking at Clearwater beach and down the Gulf Coast. Any location suggestions with decent cap rates? Open to other Florida beach locations too. From what...
Lindsey Kinnsch
I need to get a lender to sell me a specific note at a discount.
I was just hired (though unwillingly) to purchase a note on behalf of a past client. He held a second mortgage and they both began to default. I encouraged him to foreclose faster than the first and he did. He now ...
Tom Brennan
Foreclosure without bankruptcy?
I have a friend, going through a divorce, and wants to sell the house because it is underwater, with a mortgage and second mortgage that are approximately $50,000 less than current market value, plus about $20,000 nee...
Braden Hobbs
How to search the MLS
How do you begin your search for a new deal?Did some searching on this and found very little. I know all scenarios will be different but thought it would be great to get lots of ideas on this for all the newbies(point...
Lynn Gupt
Short term rental Financing
Does anyone has experience working with "The Lender" to finance a short term rental property? When we spoke to them last week, they mentioned that they can easily do 20% down with no experience needed as being a host....
Frank Macias
Purchase a house with a mother in law suite w/o sub-metering?
Hello BP members!I am contemplating on purchasing a single family home that I will house hack. The property has an attached mother in law suite and an attached efficiency. The numbers look good (details below) but tho...
Bruce C.
What's the Scam Here and How do You Use Craigslist to Advertise?
I started my STR in Galveston at the end of February this year. I've averaged about 85-90% occupancy so far, and all but one booking has been through AirBnB, the other being VRBO. As we are getting closer to the end...
Ben Granja
48 units in decline: How much could the bank lend?
Hi Everyone,Long story short, I have a property that is on a downhill slump right now. Over the last 7 years the property owner has gone from have a property manager full-time, to part-time, to none at all. The owner'...
Jacob Trimble
Logic behind refinancing?
Hello,I currently own a rental property and am looking to buy another. My question is there is popular talk about the "BRRR" which I love the concept, I'm not trying to knock it at all. I am just confused at how the r...
Dan Costantino
Should you get a permit?
The short answer............yes!Especially, if you're new! I wish you would just trust me on this, but I'll share a couple of errors I made.1) Operation shut down. Most contractors will tell you that you don't need ...