Hi y'all,I finally got my wife to be on board with investing into real estate, and we are looking to jump into short term rentals. As NYC makes STR illegal, are people avoiding upstate New York as well?
If $1m is invested by LP and annual cash flow is $200k for 5 years and asset sells for $2m, lets say for simplicity split 8% pref and 60/40 thereafter, so LP gets $150k in theory per year on cash flows before selling ...
This is a single family home in Fort Lauderdale, I have been meaning to do something to the front yard for a while and so a few months ago I had some EXTRA free time I decided to put it to use. I'll share some bef...
Hi BP!I have 3 condos in San Diego that I'd like to refinance and take equity out of (to pay down debt). I estimate their combined value based on the current market to be around $900k.The goal would be to extract max...
Last week I sent out my first batch of 7 yellow letters campaign after driving for dollars. Yesterday, I got a call from 2 of them. One wasn't interested because she is dealing with some family issues. The other one w...
Orders are coming for Hickam-Pearl Harbor, reporting May.I'm looking at Iroquois Point/Ewa Beach since kayaking to work sounds better than fighting traffic.Ideally getting a house with a lanai or living space to AirBN...
I have a deal that I would like some feedback on. This 8 unit is located in a very safe town. However, unemployment here is about 2.5 points higher than the state average. Also, the population here is growing at 14% p...
I would like to see what others thought about the wisdom/perils of investing out of area for NNN lease type investments. Assuming a landlord could secure an investment grade tenant for a long term lease (true NNN w...
Hey everyone,Just wanted to introduce myself to the BP community.I have not yet begun my REI journey yet but I have known this was on my path since I was in college. I intend to invest in buy & hold rental multi-...
I came across a property for the first time without a basement. Would love to hear your thoughts about this. What are the pros and cons? Felt kinda weird. Should it have?