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1. Did you buy your property as an established STR property?2. If not, how did you decide that renting as a STR would be more profitable than a LTR?
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I'm looking to house hack, but everywhere I'm seeing typically says I need to cash flow in order to "successfully" house hack. Do I absolutely need to pay zero dollars for all my expenses to "successfully" house hack ...
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Hey Biggerpockets! I wanted to share my BRRR project and how the numbers worked out.At the beginning of the year, based on a hotter multi-family market, I switched gears to focus solely on foreclosed duplexes. Startin...
I'm renting out a 3 bedroom house with two other individuals. Rent is reasonable with all utilities included. My landlord lives next door in a separate house. He comes over whenever he wants unexpected, has a bunch of...
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David Greene briefly mentioned the 1% rule for shopping for investment properties. I am shopping now for my first property, can someone explain this?I guess I am really trying to find out what the minimum cash flow s...
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We're in contract on a small bay industrial warehouse in the Phoenix metro area. We toured it today. It's a fantastic location and 100% leased. Downsides we were aware of is that there's too much office buildout And i...
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Longtime lurker around here - this has been a great place for me to learn over the past few years. Now, I could really use some perspective from people who have been in my shoes.I live in a very expensive area on the ...
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Hi BP Fam!
I'm starting to self manage my STR and had a few questions:
1) Should I have my own guest agreement aside from Airbnb/VRBO etc.... guest agreement? If yes, where can I find a template and how/when do I ha...
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I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...
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Hello everyone! My name is Amalia, I currently live in Pittsburgh, but I lived in Switzerland and Belgium before, where I was actively investing in real estate (still are). New to BP and real estate investing in Pitts...