Michael Greenberg
Are you tracking DIA (days in advance) of booking?
I'm a data guy (nerd), and I like and I track anything that might help drive my STR business. One data point that helps me "Stay Calm and hold that rate" is tracking how far in advance my guests book and I thought I ...
John Warren
Strategy for raising rents
Hi everyone,I am finally going to be closing my first deal on a fourplex. The property is great, and it cash flows from day one, but the real reason I am excited about it is that all four units are rented significantl...
Alexander George
First Time Lending Options & Handling Closing Costs - Long Island
My wife and I are looking to purchase our first duplex / house hack in Patchogue, NY. I found a local lender who offered a pretty interesting product (at least from the standard stuff I've seen)First Time Home OwnersO...
Lee K.
Considering a Duplex on a Double Yellow Line Road, advice please?
Hello BP friends. I need some help; I am considering purchasing a duplex where the entrance faces a road with double yellow lines. I would say the house entrance is an average distance from the sidewalk and road (see ...
Dana Leviel
Finders fee question
I have friends who want to invest and I typically spend about 5 hours a day looking up properties and working to get great deals. I would like to start charging a finders fee, but don't know what people usually get pa...
Grace Porritt
Installment Sale
I would like to know more about installment sales. How do these work? What are the benefits and downfalls? I am willing to carry and note on a sale.
Richard NA
Rent Back to Seller for Extended Period
I'm looking to buy a property as my primary residence. The sellers are about to start building their new home. We have negotiated a deal where, in exchange for a discount on selling price, they get to stay in the prop...
Nuhan Demirkan
Bringing a note buyer to a cash deal
Has anyone tried to bring a note buyer to cash deal? I am tapped out on my mortgages with 10. Looking to purchase rental properties with a seller carry back. But if the seller insists on cash I am thinking about givin...
Daniel Blanco
STR Occupancy and guest issues
Hi there everyone, this will be my first post. So my wife and I have a rental property in an "up and coming area" of Miami. We've had inconsistent bookings on Airbnb and VRBO. The guest's that we do get generally get...
John Mark Waide
Rental increases in lease
Since the new change in Wa law makes late fees practically unenforceable, can I write in my lease that if rent is late a certain number of times then rent will increase 10%, instead of having a late fee? I haven't see...