Miranda Simon
Long term Success in Real Estate
If there was one golden nugget; one tip, you could give that would aid in the long term success of a new real estate investor, what would it be?
John Chapman
Trafficmaster Allure Ultra Wood Vinyl Planks
I've know we've previously discussed the pros and cons of vinyl wood plank flooring in other topics, as well as Trafficmaster Allure, but I've recently seen this new product at Home Depot Called Trafficmaster Allure U...
Karl McGarvey
Payoff a Vehicle or buy another rental!?
About to close on a refi of our personal property. Saving $250/mo plus getting about $12k cash back in closing. Current vehicle payment is $398/mo with about 9000 left to pay (2.5% interest rate).Initial thought is go...
Nick Wilson
What are great Midwest Markets for my first Rental?
Hello,I'm looking to buy my first 2 rental houses buy the end of 2019. I currently live in Sacramento, CA and have about $200 of Equity in my current home to pull from. I'm looking at buying a 3/1 or 3/2 Single Fami...
Kim Hopkins
Mathematical Connection Between Debt Terms & Cash on Cash Return
After over a decade of doing this, I still don't understand how the debt terms directly affect the Cash on Cash return of a deal. For simplicity, define CAP Rate (:= NOI/Purchase Price) and COC (:= Cash Flow/Total Cas...
Max T.
Am I the mean landlord?
First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
Shal Patel
Which mortgage should I pay off first? Rental or my own
I own three homes with three different mortgages. Now I feel like I start paying off one property so I won't find myself in any future financial issues. What should I pay off first. Here is the details
1 my home - $2...
Cole Schlack
What is the BEST Location for a Return on a $1m STVR investment?
I would like to see what everyone is getting for returns on their Short Term Vacation Rental in the $1m value rangeI will start, Waikoloa Beach Hawaii, Big Island HawaiiValue $1m2022 Gross Rent $87,422 (estimated for ...
Angela Holmes
Newbie with funds but no rental experience.
Hi everyone,This is my first post. I hope I am posting in the right place. I am a newbie to rental property ownership. I am fortunate enough to have a relative give me a substancial lump sum as a gift. She wants her h...
Joseph Beilke
Bourbon and Whiskey?
This is really going to be off topic! Who in the BP community is a Bourbon and Whiskey drinker, collector or snob. I have begun to collect and really learn more about the art of Bourbon and have taken a break from r...