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Results (2695)
Mark Grozen-Smith Short Term Rental Expense Ratio
20 May 2022 | 15 replies

Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...

Shiloh Lundahl T or F - no financial freedoms without business ownership
17 November 2018 | 2 replies

Many people can become financially secure with a high paying job and good financial literacy, but it is very difficult to become financially free without leveraging systems through business ownership. I don’t mean liv...

Gerardo Waisbaum Does a 55-unit property require on-site staff?
7 August 2022 | 13 replies

Hi guys,We own a couple of smaller properties (up to 32 units) that don't need on-site staffing but started to underwrite more significant assets.We wonder what the minimum property size that would require staff on pa...

Billy Zhao Can We Stop This "I Predicted The Crash" Nonsense?
3 October 2022 | 11 replies

It seems these days people are running around like headless chickens in a panic mood. The housing market is crashing, and the economy is collapsing, the world is gonna end!Then there are those on all kinds of platform...

Robert Nason Replacing through the wall air-conditioners
24 May 2021 | 14 replies

I'm looking to replace 12 older air-conditioning units that are through the wall models. My HVAC guy is telling me that I cannot use conventional wall unit air conditioners and the one that he is proposing will cost...

Tom McMahon Is this all a blind spot?
18 December 2019 | 1 reply

So I am an economics teacher but the true intricacies of real estate are relatively new to me. I have a friend who has been borrowing money, investing in real estate multi families and apartments etc, and seemingly ma...

Patrick Forelli Investment property without it affecting DTI
25 March 2024 | 5 replies

Hello BP community.I currently make 125 k a year and I own 1 property that is performing well as an STR.I dont have the upfront cash to purchase another for a down payment but my parents are interested in financing my...

Manan Shah Mortgage refinancing advice
26 May 2023 | 9 replies

Hello,I have a rental property in NJ where majority of the mortgage is paid back and about $35K is pending on a $550K house. The problem I have is that I took a 7 year ARM at 3.5% interest which expired last year. The...

Alejandro C. General contractor asking for 50% advance
30 January 2022 | 8 replies

I received quotes from contractors to remodel a home in Miami (Angie.com); the contractor that I want to work with is asking for 25% when signing the contract and 25% at the start date. The other 25% when 75% of the j...

Curtis York Jr SFH or Trailer... PLEASE HELP!
1 July 2015 | 7 replies

I have a dilema and felt like this was the best place to turn for advice please do not disappoint!I am currently a teacher making around 30,000 a year on salary.  My credit score is fairly low but not terrible... Anyw...