So we are in closing on a property in Fairview, NC just east of Asheville. I wanted to discuss our ideas for the property as an STR and get some feedback and maybe a few other ideas. I have checked AirDna data and the...
Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
Hi All,First time posting on here but I have been an avid reader of the forums for a couple years. Great learning tool.I invested in single family homes in Houma, Louisiana from 2006-2009 and did okay, a couple rehab/...
Hi BP, I have been researching, reading and listening to everything I can find in REI for the last few months. I feel that settling on the plan to follow is the biggest hurdle. I am pretty sure I now understand my inv...
Are you jJust starting out in real estate and want to know the key to success? The key is marketing. If you have millions in the bank, screw marketing. Put your money to work in rentals or syndication and be a "rea...
Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix! What's your average move-out reno cost? And how many years of cash flow is it wiping out? This is my first move-out and I"m fi...
The lack or inattentiveness of safety in short-term rentals is appalling!! Over the weekend 3 people died at a STR in Outer Banks due to a house fire, and it seems like every couple of months we hear of more people dy...
Hey All --After many months of work, the New BiggerPockets is now here!If you're on the old site, click the link at the top orange bar and you can start using it today or go to http://beta.biggerpockets.comWe've got a...
I was worried I wouldn't find a replacement tenant this time of year since I know it's harder this time of year. The rent zestimate on zillow seemed inaccurate at $2,200, my own comps brought it to $2,800. Sure enough...
Please share your systems and tips for successfully running a low income investment strategy. Especially around rents, maintenance, evictions, tracking expenses etc.
I recently purchased a few low income properties ...