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Thank You for the information on the topic, I should have added more detail this is new to me, but Im low on capital and recently saw the BP podcast episode with Rafa and learned short term rentals can be a very quick...
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Hi Friends!
I showed a house today in a fantastic neighborhood of Minneapolis that I think would make a great short term rental house. Do you know anyone looking for something like this??? Close to downtown and would...
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Would it be wise to involve a lawyer when putting together a seller financing offer or get them involved once the offer is accepted so they can just write up the contract etc... ? I never have done one before. Thanks...
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I am puzzled. Seems to me that a PA would be essential at the beginning of the lease option term. Without it, a TB or seller could waltz out of the agreement and rightfully demand that all of their monies be return...
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Hi, can someone explain this to me? Basically give me an example of say a $100,000 home and how this is wise to use that rents for $1200-1400. Verse other loans. Or why one would choose DSCR loan / interest only pa...
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Hello Everyone,I am new to BP and this is my first post. I have a few rentals with a partner, currently we have two, are under contract to buy two more, and should have at least one more by the end of the year. Curren...
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Hi, What areas are up and coming real estate locations and what areas are the current best RE hotspots
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Hi-Just checking if anyone has experience with a commercial lender called Red Star Mortgage? Found them while looking for a blanket cash out mortgage option for about 10-12 single family rentals I own. Talked to a gu...
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I sent out a mailer to all of the condemned and vacant properties in my city. I got a call back from an older mom and pop landlord who was considering selling one of their two unit properties. I met the sellers and to...
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Investment Info:
Condo buy & hold investment.
Purchase price: $1,300,000
Cash invested: $143,000
I am an enthusiastic real estate investor who acquired a remarkable condominium in the highly soug...