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I am noticing, as usual a lower demand by prospective tenants for vacancies which open up during this slow time of year. If I place an ad, I will get a fewer responses. I can demand more rent in a busy season, becau...
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Hiya BP community - I am an investor & STR host in Annapolis, Maryland. I have been hosting my SFH property in both VRBO and Airbnb for nearly two years. Had a record year last year and I am thinking with a bit mo...
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At the end of 2019 I went with a property manager to find tenants for a townhouse. The agreement we did was for 2 years with paying 1 month and a half. I didn't do the month to month management, because it was going t...
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For those who have tried Airbnb long term rentals (typical more than a month), how do you factor in the utility bills? Do you factor it in the monthly rent or do you charge the guest who is basically a short term tena...
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I have spoken to two lenders this week and interest rates are so high compared to even a couple of months ago. In October I refinanced for 3.125 on a rental, in February I got a rate of 4.125 on a rental and now I’m b...
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What interest rates are you all seeing in Florida for residential investment properties? Specifically in the Sarasota/Bradenton area if it matters.I realized my preapproval was outdated and with interest rates so low...
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When inquiring about properties that have been in the market for several months, is it better to use your own agent to go see the property or contract the listing agent? Looking to get a steep discount so concerned th...
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Hello fellow BP investors. I have gotten a lead to a deal that is basically buying a note that was just created a month ago, buyer gave down payment of 25,000 on a house sold at 75,000, and the seller is now trying t...
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So far, the PM I'm using has been doing a good job. At what point should I ask my PM for a discount due to the number of my units they manage? Is it a unit count or an dollar amount they bill to me?
Thank you,
Luke
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Is anyone aware of any lenders who might consider allowing the borrower to prepay the entirety of the mortgage interest in the form of discount points? Each point costs 1% of the borrow amount and reduces the interes...