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Hi, I wanted to ask a question of the community. I have been thinking about starting an Airbnb Property Management company in Louisville, KY. I'm a licensed real estate agent, and a long time 5 star Airbnb owner with ...
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Okay, so I've located what appears to be a great deal (see my post on the deal analysis here). I've got my wife's buy-in, and in fact she is taking a day off this week to view the property and meet the seller with me....
Hello-
New to REI and I was trying to figure out a HML that was listed on another thread. Was hoping someone could confirm I did the numbers right.
Terms:
70% of the after repaired value
14% for 6 months
6pts
Co...
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I have been in discussions about purchasing a 20 unit apartment complex and have some questions. Property detailsPrice- $350k20 units- all 2/1.5 townhome style apartmentsRents- $500 per unit Taxes- $9k per yr (per f...
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Experienced landlords and property managers, I need your advice and opinions. If you had to prospect tenants to pick from, which would you pick?Applicant 1: has an eviction from 2 years ago, with a writeoff of nearly...
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So this is half pointless rant, half looking for suggestions.My mother-in-law moved in with my wife and I, and we'd like to rent out her house; she has a large house in New York. Unlike most of the country, her locali...
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So after reading about snowballing to payoff mortgages, Im curious if you would in my situation. I have 7 paid off rental properties grossing me $4800/mo. I have my main residence with $200k and 10 years left and a va...
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Morning everyone!
I haven't posted in a few days so I figured I'd jump in here and get a discussion started. I have a goal to post at least once a week to get to know you guys as well as make sure I'm consistently le...
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Hey BP,
I've been viewing the site for a few weeks now and thought I would put up my first post.
A quick intro, I'm an accounting student near Pittsburgh, PA and will be finishing up within a year. I am looking to...
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I understand the concept of making an offer on a mf based on NOI and expenses and the cap rate; however, in the event of an REO mf that will be empty - if not @ coe than not that long after - but still non performing....