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So I just closed on a fourplex in Stockton and I have a guy collecting rent who I inherited from the previous owner. He tells me yesterday that he has everyone's rent and we start going through the numbers and I no...
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Hey Everyone,I live near Tracy, California (near the Bay Area) and I am looking to invest out of state for cash flow properties. I am not really sure what states/areas to look at. I'd like to invest a maximum of 100k....
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Hi all, I am new to BP and this is my first post. My goal is to buy a rental property (single family or multifamily) by the end of 2019. I’ve been listening to the BP podcast diligently and reading Turner’s book on RE...
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I must admit, I do NOT have any Vacation Rental properties. I am however; fascinated by this niche, and in fact was the one that pushed to get a forum devoted to it. My question is this, how many of you actually have ...
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Over a year ago, I was living in San Diego, California thinking about my next move to earn "passive income" with. I threw a dart at a map. Just kidding! After much thought and research (about 3 months of contempla...
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Hi BP! I wanted to share my rookie mistake. We have purchased two SFH with inherited tenants. The first was in February and the second this past month. While we were closing on the second rental, we did a new lease fo...
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I have a BRRR under contract to buy. Somewhat distressed Landlord. Here's the timeline, and I'd love to hear feedback on whether or not I should change some of the things about how I do business. Quick skim will give ...
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Hoping to get feedback from other STR operators. Has anyone hired an admin role that can help with the small operational task like purchases, re-stocking units, checking after cleaners, and any other small task that ...
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Hi Everyone, I am an OOS first time investor and got a SMF built in 1920 (2 units, 1bd/1ba and 3bd/2ba) under contract at 20K below purchase price (@190K) with both units currently rented ($850 and $1200). I have had...
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I have been investing in real estate for over 20 years, but have no experience in short term rentals like Airbnb. I was hoping some of you could give me some things to consider as I try to decide to LTR or STR. I live...