Andrew Taylor
This Seems Like a Winner: What Say You, BP?
I'm closing in on my first REI deal, and I think I found myself a doozy.Sales price $2.6m20% DP = $520kClosing Costs = ~$39kLoan Amount = $2.119mGSI = $385,095Gross Income = $365,840Expenses = $140,778NOI = $225,062CA...
Trudy Petersen
Too good to be true?
Wondering if anyone out there has ever heard of Albert Carmoney Jr? This is how he responded to the ad I ran looking for an investor partner.Hello Investor,My name is Mr. Albert Carmoney Jr . I'm a private Local Lend...
Wilson Vanhook
Balancing use between Airbnb & VRBO for STR's 🔥
I went live with my first STR just a few weeks ago. Bought a 1 BR cabin in Broken Bow, OK. Since going live I've been doing everything I can to try and 'dominate the algorithms,' considering I'm both a new owner and n...
Kyle McShea
Seeking Charleston REI Tips: House Hacking & Investment Insights
Hey BP community,
I am brand new to REI and wanted to take the time to ask some questions to learn more about the market.First and foremost I have been looking at properties in West Ashley & Johns Island to house...
AJ Wong
It's HOT! Investors escape to the cool, green Oregon Coast for climate safe STR's
Part of the reason I invested in the Oregon Coast in 2018 was I thought to myself, "In twenty years this is going to be a great escape."
My intuition served me well just two years later when the Pandemic hit, we fled...
Curt Mcneil
Newbie from Everett/Bremerton Washington
Hi all, my name is Curtis. (and I can tend to ramble... so fair warning!)
Well, I am coming up in a few years for 'retirement' from the Navy and realize now more than ever that I need to take personal control...
Joshua Nicholas
First deal, bad credit and large opportunity
Hi everyone,I'm looking to purchase my first MF deal and I was hoping the Bigger Pockets community could help me with some issues I'm facing. Brief intro, I'm 27 and I became a commercial real estate agent last year. ...
Wes M.
Oak Island, NC - STR Update
As we approach the close of our second year in operation I wanted to provide some updates on our property. We purchased our STR in October 2021 and completed a rehab to place it in service by January 2022. In 2022, we...
Bradley Laddusaw
The Evolution of the Hard Money Space and then PAUSE...
The goal of this discussion is not to push any negativity among private lending operations that have started over the past few years. In fact, "mine is one of them". What we want to do is identify and explain how quic...
Shane Clark
Buying a Home with an Old Foundation: Brick, Sandstone, Dirt
I am viewing duplexes in Massachusetts where we tend to have a lot of older homes. The properties in my price range all seem to have a common issue being that they are older (we're talking 1880's - 1910's) and Realto...