This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...
Hi all, I’m new to BP and am looking for some advice investing in multi family properties in the Hudson Valley NY. I have cash to invest but I could burn through $200k fast in 25% down payments so the Brrrr concept wo...
I pretty regularly circle back and review my figures for prior deals to see if there are any tweaks I can make to improve the accuracy of my forecasted investment performance.I went back to the figures I’d prepared to...
My wife and I are teachers and over time have leveraged ourselves to several medium term rentals in the sweet spot between two hospitals. Nurses mostly. We've been self-managing for several years and have that dialed ...
Hi All,I've been getting a lot of questions regarding the San Diego market in particular and where prices are going etc so I wanted to pull the most recent data to compare last year's January to this one.All propertie...
Hi everybody
I was wondering if anybody has any out of the box ideas for creating a little extra cash flow out of your rentals. For example, the apartment i just leased was a one year deal (only did it because I don...
Hi again, Trying to pick up some of my research in the STR market in the Smoky Mountain area. I am putting together a spreadsheet with some costs to help understand a the end game a little more - i.e. cash at the end...
I have been pondering this lately. I have seen that almost universally, all the apartment complex investors and syndicators on here, in their profile picture are wearing suits. I would also imagine, that when speaking...
Looking to hear others' experience and insights - -How to quickly diligence outstanding liabilities (e.g. mortgages) that would not be wiped out by the sale? -Minimum red flag diligence to determine a max bid and co...