Tim Bergstrom
Short Term Rental syndication
Hey BP!I just wanted to jump on here to gather some data and do some recon. I know I need to be careful with how I even go about posting this, so I want to be perfectly clear that I'm not trying to directly recruit or...
Travis Reed
Laser car washes difficult to manage??
A laser car wash popped up for sale locally and is advertising an awesome 11% cap rate. Is this typical for a car wash? Usually higher cap rate indicates a risky investment or am investment that is difficult to manage...
Jared Comeau
Accounting fees and Tax filing
Good afternoon BP.So I'm still in my education phase of REI, and I just spoke with a CPA about setting up our legal structures and tax structure.He mentioned that accountant fees are typically $2K/year.I'm wondering i...
Emerald Sie-Duke
An Employer that does not provide pay stubs (but writes checks)!
Hi,I am currently screening tenants (mother & daughter) for a 4bdr/3.5bath home. One of the prospects explained to me that she does not receive pay stubs and is paid by a hand written check and cashes it. When I ...
Ki Lee
anyone have any success with STR motel room?
Has anyone taken a motel and did STR with any success?This motel is not an urban motel that is ridden with crime. This is a motel in the mountains and typical guests are economy travelers. Units are about 200-300sqf...
Joe S.
The biggest reason I have not done Airbnb.
Probably the biggest reason I have not done Airbnb. Is that the the houses that I have that would be a good fit are large houses that would take extreme bucks to furnish in order to give a short term rental a test dri...
Juliet Silver
Investment Property HELOC
Hi All, I am looking for a great Investment Property HELOC for my San Luis Obispo, CA property. I have had a few recommendations for credit unions in the area with great programs, but because my primary residence is i...
Jacob Rosenkranz
Choosing an operator
How do you think about these two things?1) I have identified a very experienced operator but they are projecting very high returns (31% IRR) which I feel is a red flag. 2) I have identified other operators that have o...
Edward Parker Parker
Honest Question about alternative strategies
So with Interests rates this high, Housing prices still high (but cooling off), property taxes increasing to catch up with the sudden spike in values; it appears really difficult to get into new a profitable rental pr...
Arturo Borges
Legal paperwork on multifamily deals
Hey!What is all the paperwork needed in multifamily deals? For example in residential might be a JV agreement if working with investors, deed of trust, etc.