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Hello, We use our Airbnb in MN as a secondary/ vacation home when we are in town and usually are, about 3 months out of the year+ every now and then for a few weeks each time. The Gross revenue was about 31k while the...
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I’m planning on buying a three family house- rent two units and live in the third.I plan to depreciate the building to lower my tax burden on a yearly basis.Assuming I live there for 3 years and then sell it I would n...
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It's Friday.It's 62 degrees and mostly sunny with a light breeze from the northwest.I live in one of the most beautiful areas of the country; southern Maryland between the Potomac River, the Wicomico River west of the...
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Hi BP
So can you please help me understand private money for long term buy and hold rentals? I know this is pretty general question but are there a few traditional ways this commonly work? Does the lender usually l...
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I was wondering if anyone had any stats or data on cash offers in the Austin area? My gut feeling is that cash offers would win in multi-offer situations at a much higher rate and could sometimes command a discount to...
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I've heard the two bigger pockets business podcasts about vivid visions and they seem to be a great tool for growing your business. I'm just curious if any one else has deployed them and how well they have worked for ...
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Hey everyone!
Sorry if this is a boring or simplistic question, I'm wrestling more with understanding the concept or reason for this. I'm currently reading "What Every Real Estate Investor Needs To Know About Cash F...
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Interested if anyone has a view on how a conventional lender would view the following scenario:A family member is looking to purchase a long term investment property where I would live for a year while my own primary ...
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So, I am in a contract for 2504 Ellicott St in Tampa for $50,470. My agent's MLS comps were great ($109,300) but my hard money lender (Bridgewell out of Orlando) had their appraiser bring comps ($78,000) from the s...
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On my first rental property from a couple years back in San Antonio, I believed I was buying a 1250sf house, based on the Trulia listing. It was a rushed close, and I didn't receive the appraisal until afterward, when...