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Hi, I was wondering if anyone can give me some color on the operational steps involved in purchasing bundles of non-performing notes, in broad strokes.My idea so far is something along the lines ofReceive list of non-...
I will soon have a nice 3/2 house available in South Charlotte NC that I am strongly considering doing STR on. I think it will (conservatively) rent for $100-125 per night, possibly more during big corporate events (...
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Hi everyone,First, thank you to everyone for making this forum such a useful resource. This is my first post, but I was using BP for a while and learned a lot from all of you. About myself. I am starting my business o...
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I'm doing some due diligence on a multi-family, and the proforma expenses are running at 71%. :wowie: I'm pretty sure the expenses are overstated, and I have my own ideas about where they're too high, but I'd appreci...
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I do not want to manage a sober living house, I would like to find a local operator to rent to for above market rent.Has anyone else done something similar? What is the best way to find operators who may be interested...
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Is anyone that current owns a Single Family or Small Multi-family rental property in State College, PA willing to share with me a summary of their operating costs and the type of property and # of units? I am evaluat...
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When calculating the operating expense ratio for a property, do you leave the vacancy & credit loss allowances as part of the income when you calculate the ER, or do you first back out the vacancy & credit los...
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Hi everyone,My name is Artiom. My team and I are wholesalers who focus on finding rent-ready properties under 100k (typically in popular section 8 regions). Our group has reached a point where our acquisition has beco...
Hi Everyone,
Novice RE investor here. My qualifications are that I've been a resident manager for mid-sized, commercial multifamily properties for a long time- but didn't deal with the finance side of things- just r...
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Two questions...1) About to bring a STR online in the next two weeks and am looking for some advice as this will be my first STR. 2) Specifics on the current STR cost seg. tax benefit?Thank you for the help.