Patrick Menefee
1% Rule in Practice Regionally
Hello BPI’m curious how members in different regions have tailored the 1% rule (especially charlotte, but anywhere really). Looking relative to some of the properties I’ve seen in the area, 1% seems difficult to attai...
Leon Lee
How to spot trashy guests on Airbnb
Hi, BPersThank you all for the helpful advice on my first short rental in my previous posts! I finally finished the reno and decor and now it's up for renting. So far, I have 64% occupancy in 30 days. It is much more ...
Johnnie Smith
Conflicted with 15 vs 30 year mortgage for first investment property
Hello all,I would appreciate any insight / thoughts people have about this topic. I grew up with real estate being in my family. My parents currently own four investment properties in addition to the home they live in...
Account Closed
Detroit Bankrupt
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...
Rick Bassett
Worst tenant ever - I missed a giant RED FLAG
If everything goes well then our worst tenant ever will be moved-out in just under 12 hours from now, the champagne is on ice and we are cautiously optimistic. Interestedly enough, the problems with this tenant have v...
Shirley Dimitro
Blue Ridge, GA
Hello, I'm seeing a lot of cabins for sale in Blue Ridge, GA that were only bought a couple of years ago (2020-2022). Were these just Covid "impulse" buys or is the STR market so slow now that owners are compelled to ...
Michael F
Right Or Wrong Steps?
Hi everyone I need some help and your opinion on this. Please educate me and leave any suggestion or comment for me. if you think any section or step is useless please tell me. and if you think I need more detail in a...
Mindy Jensen
FAQ Forum Question: Do I Need an LLC?
Hello BiggerPocketeers!In an effort to clean up the forums, we're creating an FAQ Forum, where the most-asked questions will be prominently featured, along with some really great answers.I need your help!Please take a...
Natalie Medved
Furnishing STR Do's and Don'ts
Hi everyone:My husband and I are in the process of furnishing our transforming our second home in the White Mountains (Thornton, NH) into a STR. The market has a lot of baseline - economically friendly STRS but only ...
Llewelyn A.
Cash on Cash Return Compared to Cert. of Deposits
While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...