Joseph Russell
Understanding Commercial Real Estate Loan
HelloI am looking into getting my first commercial property. I want to buy a self storage facility but there is very few available. I am looking at land to buy to build one on my own. I believe that the bank will hold...
Shane Miller
STR Purchase in the Smokies
We are looking to purchase a cabin in the Smoky Mountains. I am interested to hear your opinions. Would it be best to buy a REALLY nice 2 bedroom cabin, or an OK 4 bedroom? Or, does it just come back to the location? ...
Kyle Moore
Financing Second Airbnb House Hack
Hello all,I am currently “house hacking” a single family residence with Airbnb. I rent out 4 rooms while living in the 5th bedroom in a separate suite. This produces significant cash flow each month and I am living in...
Patrick Flanagan
Residential vs commercial management
Hello! I am compiling research on starting a property management company. My personal opinion and investing strategy is that multifamily units are better than single family. But I’d assume when running a property mana...
Jack Nguyen
FURNACE Problem...Any Suggestions - GR, Michigan
The FURNACE on one side of my duplex stop working 6 days ago. Call the service guy, he replaced a switch and work for a day then the same problem come back again. I call the service guy back, he replaced a different ...
Vlad Denisov
Projected income growth and rent inflation
Hello everyone, 1. According to this statistics the average rent inflation rate from 2010 to 2018 is 3.11% per year. During the recession the rate went to:2.28% in 2009 0.23% in 20101.71% in 20112.65% in 20122.83% in ...
Wade Stahle
Sell or rent my new construction duplex
Hi BP,I am building a new construction duplex and am deciding whether or not to rent it out just sell it. My numbers for each are below. Which provides the best NOI? Opinions?RENT:Monthly mortgage all in is $1130. Can...
Ivan Roberts
Appraiser
Hey guys,
I was wondering my my realtor valued my house for $350K, and I was buying the house for $350K?!? My realtor said "That's how appraisers do it" does that make any sense? How/why would an appraiser value the ...
Justin Mavromatis
Accounting software for small short term rentals?
Hi Everyone, I am currently on my first short term rental/ investment property. My wife and I are doing our own renovations. I am looking for an accounting software to help me track my expenses. Home Depot, hardware s...
Crystal Schmitz
Manufactured/Mobile Home Chattel Lending
I've been in the manufactured/mobile home industry a good majority of my life, as my father owns several parks. We have also been Fleetwood and Nashua home dealers. In the state/city these said parks are located two b...