Has anyone considered or successfully negotiated the price down for a turnkey property? Many of the turnkey properties I see are priced significantly higher than the FMV (comps). I can understand a small (<5%)...
Hello fellow investors. Does anyone have any thoughts on turning long-term rentals into short-term via AirBNB or VRBO? Looking at the numbers on AirDNA, it seems to make a lot of sense to do this.
Here's the situation:
After a direct marketing campaign, I got a call from a woman that owns two parcels of land within city limits in Southern Mississippi. The first is approximately 3 acres and has road frontage. T...
What has your experience been with SIMS version 1 and version 2 been?
I’m sure this is the 10,006th novice post on here, so I thank you in advance for your help. My friend and I are starting our journey to find great properties that we can turn into short-term rentals. We believe this i...
My SFR tenant of one year is wanting to renew and has asked what I would charge for him to go for another full year vs. month-to-month. I have read one post on the premium people charge for M2M (that post suggested 8%...
We are purchasing a beach condo STR purposes. Our broker had offered us these loan options:
20% down at 8.5% interest, $65000 down, $1999 monthly
25% down at 7.5% interest, $81500 down, $1704 monthly
We wanted to k...
Hey all - this is the first time we're closing w/ inherited tenants... and the place is outdated and worn. The tenants are both (this is a duplex) on month to month leases that are under market but I suspect that's a...
Hi everyone, I am starting fresh and have little to no experience with real estate. However, I have been interested in real estate since graduating from college and always wanted to invest in it, but I don't really kn...
Hello BP Members, Here is the scenario. This one is close to home as it's a friend of mine who has decided he is selling his home "As Is" in the Bay Area and moving. The circumstances surrounding it aren't the greates...