In my opinion, one of the toughest balances in optimizing performance of a property is how high should the rent be. Too high is high turnover and too low is losing money.I manage my properties and constantly struggle ...
Hi BP. Just became PRO.. woo..I am viewing a property tomorrow that the seller is offering seller financing. I was thinking, If I go through with this deal, It will be my first investment property as well as first tim...
If there's one thing I learnt from the massive crash of CRE in 2023(and 2024) is that "Do not become passive investors". WHen you are passive investor, you become the dumb money , your money is being misused or misman...
So, tomorrow I sign the contract for my first deal. It is a Short Term Rental via Master Lease. Tonight, I'm getting cold feet. Did I do enough due diligence? What if the cost of the unknowns outweigh the profit a...
I have 4 long term rentals in another state. I have a decent property manager. I am interested in converting them to short terms buy my manager has no experience with this, although they are “interested” in getting ...
Hey BP!
I'm looking into creating a real estate company that makes home ownership affordable and simple for individuals in Detroit, Michigan who may not qualify for a traditional mortgage- or who THINK they may not q...
When would you suggest listing a house that I am doing a major remodel on? It's at the stage now where the shingles are on, the doors and windows are in, but many other elements such as electrical and such are not...
I wasn't sure where to post this, I hope it's the right forum.I've got a friend with a 20 unit trailer park set up, and I was talking to him about setting up a wifi hotspot to make a little extra money on the side.htt...
Hi all,I am working through the details of my first potential buy and hold opportunity, and I would love feedback from the BP community on both the analysis of the deal as well as creative financing options, if availa...