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 ...
Hi All- we are looking at getting a mobile home park. From what I have read on the topic, investors don't seem to like park owned homes, they want to just rent the lot. We are used to leasiing houses/rooms, so I am wo...
Hi all,I know there are lots of software programs out there but the ones I have looked at either do too much or too little and I'm not sure which ones I should look at. I have used the old Rental Property Manager sof...
For older homes, the height is typically not to code so the existing concrete floor needs to demo'd & then dirt dug up to meet the height. My question is does everything on the floor need to be removed (ie, the fu...
My husband and I have been toying with the idea of a vacation home in Virginia. The town is turning into a second home community with deals to be had. We love the location on the Chesapeake bay for our kids and the ...
I need some advice. I own a tudor style home that has a porch with screens. The porch is of course not very wide. It's mostly long. Maybe 8ft wide 12ft long. I'm wanting to enclose the porch so that it can be used as ...
Hello, New member here on BP. Looking to get started with my first rental property purchase and networking connections in Rhode Island or south East connecticut. (Westerly, Stonington area).
H,I'm hoping to find get some advice on a this deal I'm looking at in the Chicago, IL area. It would be my first deal and want to make sure that I make the right decision before I acquire it. My investing goal is to ...
What do you tell your tenants when you won't complete one of their maintenance request? I've read stories on here of tenants submitting request to fix/replace anything and everything. What's the proper way to deny a m...
Hi BP I hope everyone is having a good day and a better week!
I am brand new to all of this and am a little overwhelmed by what the Real Estate world has to offer so I am hoping some seasoned investors are ...