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I am looking to buy out of town property. I am familiar with the area and travel their frequently. I looked into the average rental price and I found that it was around 600 month plus utilities at the minimum.I cannot...
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Within the last 6 months, the real estate market in Sedona, AZ has changed from an average time on the market of 3 months, to a month or less on the market. We are now seeing multiple offers at or above asking price f...
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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...
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I see this question pop up a lot on BP: "how do I evict a tenant in [city, state]?" I've had to evict a few tenants from properties I've owned in different states, but I always rely on property managers to contact the...
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I am commited to buying a Short Term Rental, I have done my research and am ready! The only question/concern I have comes down to the market. I want to purchase a cabin in The Smoky Mountains, TN. The only concern I h...
I just got an email from my realtor regarding my decision to wait a little longer for prices to come down more. She said this:
"Sad to say that all indicators show that prices will start ticking up not down. The buil...
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Hello!
I am curious about a temperature check on Mt. Oliver Pittsburgh! I see on the forum 4-5 years ago not many people seemed to think it was a great investment area but it definitely has improved a little since t...
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Hey everyone - I just wrote a post in the BP Blog about how I believe only 1% of "wholesalers" ever do a single deal. This got me thinking - I wonder if anyone is making money and doing wholesale deals?
If you are an...
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Hey BP Community,I'm dipping my toes in the apartment water so to speak, and someone brought this deal my way.Here are the numbers:$1.2 million purchaseCurrent occupancy: 58%Units: 64Average Rent Per Unit: $550 (conse...
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What are your favorite things to ask a seller who is considering selling their property without an agent? I'm looking for more tips from agents who have had success dialoguing with FSBO folks.
I lean towards: How muc...