I typically work in the commercial multifamily space using the LTR approach, but currently broadening scope into smaller multis, potentially using the STR approach. Those of you that have experience modeling out pro f...
So I have a property I am looking at that will require a renovation and could potentially earn a revenue of 73k per year as a short term rental on a 240k property. Probably a 35-45k renovation Unfortunately I do not h...
Hello BP Peeps,Can someone please clarify, if REO Properties mean the bank has removed all Liens and/or money due on the property?Or does it simply mean the property did not sell at auction and the bank still owns th...
This is my first post so I apologize for my lack of knowledge in the industry. I'm 21 and study airport management. I recently did a study abroad in Japan last year and am sure that you can make a killing in the Japan...
Found a property in a nice area of Bessemer that was sold to the State in 2014. I requested a quote from D of R in February but have yet to receive a quote. The listed owner is a Realty group that no longer exists. ...
Hey guys! New to investing and Bigger Pockets, but super eager to get started on the journey. My husband and I have spent the last few months reading all the books and listening to all the podcasts, essentially going...
As we enter 2H 2023 and head into 2024, I expect mortgage rates will increase and eclipse 8% on average. First, I expect the federal funds rate to rise one more time by 25 bps, to continue to rise before settling in w...
Hello,I see there are plenty of other posts with great information regarding tax write-offs and AirBnBs, but I am specifically asking about write-offs in conjunction with using a STR management company. Context: Curre...
Hi all,Are power lines a deal breaker? Under contract on what appears to be a solid deal…ocean view 2/2 home over a 1/1 apt that is already occupied by a great tenant. The rent from the apartment will pay 60% of the ...
Hello! I have a question about what is an appropriate agreement fee for a utility provider, such as Comcast, to bring their services to a property? For some background, we own a Class A complex of 36 townhomes in Atla...