Dawn Anastasi
Diary of a Small Rental Property with Rehab
I always wanted to do a "deal diary" and now I have the chance to do one! This will be my 13th property acquisition and so I'm hoping to make it lucky number 13!A 3-bedroom, 1.5 bathroom 1,054 square foot townhouse c...
Herwin G.
Buyers' agents giving commission rebates?
Hey BP, a friend recently mentioned that there are some buyers' agents that offer commission rebates of 1% or so. And since the commission is already factored into sale price (as the seller pays the commissions) thoug...
Joanne Tsai
tenants moved out without notice during lease term
Hello BPers,
this property is in TX. Tenants moved out on Nov 30th, and sent an email to PM saying they moved out after purchasing a house. Their lease doesn't end till the end of April 2022, so they lived there 7 o...
Account Closed
Realtors loaning commission @ 2.25% rate post closing 2nd mtg
Anyone ever heard of Realtors loaning the commission @ 2.25% interest rate as a Cash Out 2nd mortgage above 97% CLTV post closing? Example: 500,000 purchase x 3% $15,000 commission- 5,000 for tax realtor has t...
Lorraine Patterson
Out of state investment for a beginner
I'm a newbie, and for my first investment I'm gearing towards an out of State STR, where I can also use as a vacation home and depending where I'm at in my life, retire there. Is an STR a bad idea as a first investmen...
Tom De Napoli
Older millennials leave big cities and move to the suburbs
The location preferences of young adults hold large consequences for real estate investors. The trend for the past 10+ years has been that the millennial generation (those born between 1981 and 1996) are opting to li...
William M.
AirBnB Income Calculation Spreadsheet
AirBnB Income CalculationsStarting out in 2018 I rented out rooms in my house. I got continuous traffic, albeit small potatoes, but besides the joy of meeting interesting people and hosting, the greatest benefit was 5...
Grant Shipman
Beyond-Househacking: 5X'd My Cash Flow, Making Investors Swoon!
I've been asked by many of you how I'm still able to invest where I invest, with no money, get the 5X cash flow I get, and have a wait-list of investors.
I've never written about this publically until now. Below is ...
Cheryle Patterson
Tenant installed window AC in utitlies furnished rental
I have owned a 16 furnished room (dorm style) rental property for 14 years and never had a tenant do this. We rent the rooms for $395 per month and it includes power, water, sewer and garbage service. We keep the A/C...
Nathan J.
What is a fair margin for a turnkey provider to make?
Hi all,Seems like there are a few turnkey providers that look to sell to out-of-state investors. What is a fair margin you can expect to pay for this service?These providers use local knowledge and networks to find ba...