I purchased a property to convert to a bed and breakfast an would appreciate any advice or resources on how to get started. The property is a two family upper and lower with 5 bedrooms and 4 baths. The 1st floor has...
Hi everyone, just wanted to share an AirBnB experience I had this evening with the group in case this happens to anyone else. I logged in to my AirBnB dashboard tonight and saw a new section that said "New! Ways to g...
I have found another deal that is a bit outside of my comfort zone for two reasons: 1. It is outside of the market I know. 2. It is one price for two properties. I will break down the numbers now:1 SFH renting at...
Hey Everyone,I'm doing a BRRR right now on a 3-family property in the Boston area and I will be looking to refinance in the next few months. I want to get the financing lined up sooner than later, so I was wondering i...
Hello, I just found BP and am pleased to be a part of this great resource. I have a few years of RE investing under my belt but there is always more to learn. I have a current seller who has agreed to sell me their pr...
I'm looking for some great articles or blogs for my Project Coordinators to use in training foreman, crew, and sub contractors about rehabbing with a flippers mindset.Can anyone point me to some good materials on this...
Lets assume the following:50k to buy20% down on conventional loan15k to fixARV 80kWould rent after reno for $850-----Would you sell and 1031ex, or would you cash out refi/hold the property, and WHY?I am personally lea...
Hey folks, I am trying to draft lease for my first MTR guest, what resource can i use for the same ? 2. Also what clauses would you keep for the guest in the lease? I am thinking for a cap of utilities bill . 3. What ...
I recently closed on a Sub-To deal, I took over the mortgage payments for the seller while the loan stayed in place in their name.Going forward, if I were to buy another property with traditional financing. Can I use ...
Hello! I was wondering if there is a rule of thumb for a percentage of ARV that goes into fixed costs. Thanks