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If I am evaluating a property that I intend to live in while renovating to prepare it for sale (in 6 months or so), do I need to include the mortgage costs +utilities, etc while living there in the calculations for Ca...
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Hello all,I got involved with Bigger Pockets back in high school before I had any clue what real estate was about. All I knew was, my family friend drove a Ferrari and he did Real Estate, therefore, I wanted to do Rea...
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Hi everyone. I'm currently at 35 units and things are picking up fast. I'm looking to bring my son in and teach him more about the business. I have a challenge perhaps. I've never quite created a system yet. So, befor...
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Today I submitted a verbal offer on a purchase for land in Hawaii. I contacted the listing agent directly and told him we're not currently working with an agent. I offered that the agent could either represent us as a...
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Hello,
I currently have 2 short term rentals in Nashville that are doing very well. I have them listed on all the vacation rental sites and they're both booked up through 2017. I'd like to get a property in Destin, ...
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A friend who is not an investor is buying a house to live in. This is her first home purchase.She has had a less than stellar experience with her agent, her title company and her experience in general. At the last min...
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I started out by renting my condo to a friend 3 years ago when my company moved me all over for a work assignment. I was able to save up quite a bit as my living expense was paid for and I put away all my salary an...
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Hi BP!This is part of a series where I detail the conversion of four units from long-term rentals to short-term Vacation Rentals (VR.)Synopsis of this part: Setting up wifi for your guests and for smart devices in you...
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Hi,
My name is Chintan and I am a new member of the BP community. I have always been really interested in learning more about the rental property business and have been reading a lot online. I stumbled upon some re...
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I have currently began using the Property Management Software Cozy and was wondering if anyone else that utilizes this software can help answer a few questions for me. What are the Pros and Cons with utilizing the sof...