Cornelius Charles
$140,805.92 profit on our first flip...Thank you Bigger Pockets!
Before I begin and receive any responses that my title is not accurate, I just want to state upfront that only 60% of that profit goes to us and the other 40% goes to our private money lender. Now that I got that out...
Pat Hamilton
Violations & License and Inspection
I own a property in Philadelphia which is managed by a professional management company. My tenant had not been paying rent for months due to maintenance issues. The property management company says that the tenant a...
Jorge Caicedo
Disclosure Statement
Hello BP'ers, I read an article by Alan Cowgill about how if you're gonna use a private lender for your project, you need a disclosure statement..He said in the disclosure you have to put that there's a risk invol...
Ashley Wolfe
Startup costs and length of time
All-Knowing Ones,My husband and I have our little log cabin in La Grange, TX and we've received six bookings in the last six weeks through all three of our platforms (Airbnb, HomeAway, and Glamping Hub). We're pretty...
Gino Barbaro
What is your #1 pain point or question in multifamily
Hi Everyone,Trying to create a Multifamily Masterclass to help brokers, investors, newbies break into multifamily investing. I want to structure the class based on five or six most recurring answers. Can you answer th...
Ben Hooper
Expanding STR business
I've been a host for a year now and have really enjoyed it. I've recently bought a property specifically to rent out full time and it got me thinking about how a STR business can expand.It seems like the main avenues ...
Jonathan Depa
Financing More Properties
HiI currently own two short-term rentals and I am looking to scale in the near future. Both were financed with conventional mortgages. However, when I was getting my last mortgage, my lender told me he probably would...
Wiley Strahan
Real Estate Agent & Investment Opportunities Los Angeles
As they say, I am a long time listener/reader but first-time poster. First some background - I have lived in Orange County/Los Angeles my whole life (school and all) and would love to get involved in real estate inves...
Sarah Lorenz
Features to include if building a home to also use as an STR?
I am thinking about building a house for our next primary residence, but I would also like to use it occasionally as an STR. I’m thinking about features to include for this purpose. So far, I’m thinking about extra cl...
James Syed
Safe Cap Rate
Hi members,
If you are not familiar with local area cap rates, what will be a safe range for it?
Assuming it's a multifamily property (under 24 units) in a C neighborhood (not a war zone), built year is...