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In the process of buying rental property, does it make sense to do 15 year fixed mortgage if cash flow is still positive? Obviously 30 year fixed is more cash flow /month, but other than that, am I missing reasons why...
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There are many CRE syndications that will be facing Cash Calls in the coming months/years, and many have already started this process. Just wanted to start a thread on some things to consider if you’re an LP facing a ...
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Greetings BP STR Community. I'm looking for some templates of STR contracts you use to possibly charge guests for things other than breakage that insurance would cover. For instance, if a guest is noisy and you end...
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I'm considering placing an offer on a house that has an issue with the basement foundation. The Point of Sale inspection has an item that simply states "replace damaged foundation." Here in the Cleveland Ohio suburbs,...
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A client recently contacted me about a short sale in the Cleveland market that seemed to be priced way below market value. After digging into the listing info, I found a fairly typical approach to marketing these prop...
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So I have been investing in buy & hold SFR. I am looking to juice my returns in a Solo 401k with about 150k in it. So I was thinking about note investing as the 401k will defer all the taxes. What is the downside...
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Hello!
So with the saying "great deals will make money come to you" how exactly do you go about getting the funding approved through a conventional loan if there are no gifts or erratic funds dropped into your accou...
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Is anyone else seeing a growing trend of banks doing repairs on REO’s prior to listing them? Is this another way for them to combat “flipping”?
I've been renting my house to a friend and his wife for the last 2 years. That was a mistake. They were always late, had dogs, chickens, painted rooms absurd colors, and got paint everywhere. About 2 months ago I s...
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Hello everyone,I am currently renovating an old home in upstate NY (Catskills Region) for use as an STR. This is my first deal. I am wondering if it is worth it to hire a designer to pick out flooring, wall colors, la...