Robert Sullivan
Can you still get a good COC return with STR prices so high
Looking to buy my first STR and having trouble finding one that projects to make a COC return worth investing in. The high sale prices and subsequent mortgage payments kill the net profits. Raising the rental rate w...
Michael Hearn
Sell vs. Rent -- Please help!!!
Hi BP Universe! We have a big decision to make -- should we sell or rent our first home? I think this is going to be a hot topic for many given that the big driving factor is the low rate we have on the old house (2.7...
Steven B.
Projected vs Actual - tell your story
Long time lurker... looking to get into RE investing, and running tons of numbers and am currently in the paralysis by analysis stage. I run numbers on some properties where things look good, but then it's a minimal a...
Mike W.
New Investors
I wrote this a couple years ago for another audience and from some of the recent posts I have seen, I dug it up and figured I would share it here. The information is just as valid today as it was 2 yrs ago.
I recent...
Laura Yazdi
What is the best route for this 1031 Exchange Scenario?
I have a condo in Los Angeles that I plan to do a 1031 Exchange within the next year. The property is worth approx. $450k and I will have $300k in cash once it is sold to purchase other investment properties. My ultim...
Chris McDonald
Buy 2nd Rental or Pay off 1st?
I recently purchased my first rental property (Duplex) for $65,000. I had to put 25% down for a 30 year mortgage so I still owe just under $49,000. I do have an investment mortgage on this property because I do not li...
Max H.
Yellow Letter
Hello All!
I am starting my yellow letter marketing campaign soon. I will be using @Michaelquarles yellow letter service. I have a budget of $1000, so I am trying to figure out where those funds would be best used. ...
Justin McElroy
First Post Here! Looking to Start Building My Team!
First off I would like to say thank you to everyone that contributes here. The wealth of knowledge than can be obtained is incredible and I am happy to have stumbled across BP and more importantly this NJ sub forum.A...
Dontrea Riser
How many grace period days do you give tenants after the first?
Open to replies/opinions from ANY market. Should tenants get a grace period? Should they be charged late fees? Share your experiences with collecting rents and making grace periods/late fees work in your favor. I have...
Rene M.
First home is most expensive home in the Neighborhood
Hello all,I just recently got married and we are currently shopping for our first house. We have an accepted offer at full price - home warranty and 5k towards closing cost for this house.https://www.redfin.com/SC/Sum...