William Gan
New Investor in Brooklyn, NY - curious of people's views on units
Hi all,My name is William and I currently live/work in Brooklyn, NY. I moved to NYC about 4 years ago, and have been renting so far, but realized financials are much better on the owner-operator side. My goal for my f...
Jean T.
Michigan investors: how long does it take to rent a condo?
I recently moved out of Michigan to West Virginia. Given the market in the Metro Detroit area, I have chosen to rent out a 3/2 condo that I own. I've also handed things over to a property management company given that...
Jay Hinrichs
The great lumber price gouge of 2020 2021
AS anyone who has been buying any kind of dimensional lumber knows prices have sky rocketed as much as 400% for some items in the last year.To me it seems like price fixing gouging.. at least here in the Northwest wh...
Josef Bryan Gerster
How can I increase mid week bookings?
My cabin has been consistently booking for the weekends since we launched a couple months ago with the average person booking 2 days in advance. The issue is trying to get bookings Monday-Thursday. Any suggestions? Is...
Brandon Dinsmore
Permit fee responsibility - Contractor vs Homeowner
Hi All,I had my hot water heater replaced a year ago through a home warranty. I paid my invoice & that was the end of it... until now. I am turning my house into a rental and when the inspector came she pointed ou...
Alex Madison
Thinking of buying out of state - TX, LV, OH, IN, OH - Would love to hear from you guys!
First off, I'd like to introduce myself to this forum. My name is Alex, and I live in Queens, NY. I've lurked this forum for some time and finally decided to make an account and post.
So I have a business other than ...
Montez Greer
Made an offer through text
Good Morning BP. I made an offer on a SF House (For Sale by Owner) this past Sunday. My primary mode of communication with the seller was through text. So once I ran the numbers and found a number that worked for me, ...
J. Martin
Is 2.5% a good cap rate? "Gambling" on appreciation?
I recently saw a deal on a duplex in San Francisco in a prime neighborhood with a cap rate on existing rents of 2.5%. Rents a bit below market, but not crazy. Building in good condition. Great location. This number...
Lang Le
Starting bid price in a Trustee Sale auction
Who establish the starting bid price (minimum bid) in a Trustee Sale auction ? Is this price relate to the mortgage balance ? I see a case where the mortgage balance is 350K and the starting bid price is 200K. What ...
Dan Chapman
Best states to buy n hold in
HI, I am looking to invest out of my area as I live in California. I am familiar with a few other markets such as Denver and Seattle but they are a bit spendy too.
What states are good for lower purchase prices a...