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First, thank you to the BP community for all the helpful knowledge and insight. I just discovered this amazing resource last week and have already learned so much!I am hoping to purchase my first rental property in th...
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Valuing a Mobile Home Park:
I want to know how many lots there are, how many are occupied and paying, what the lot rent is, what expenses the owner is paying, and who is responsible for the water lines, sewer lines,...
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I'm considering the possibility of acquiring properties out of state as rentals, either SFH, or small MF properties. I'm located in the Seattle area, but rentals in the midwest are priced significantly lower with muc...
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All-Knowing Ones,My husband and I have our little log cabin in La Grange, TX and we've received six bookings in the last six weeks through all three of our platforms (Airbnb, HomeAway, and Glamping Hub). We're pretty...
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I have a tenant who paid the entire year's rent. Yep, one year in full. It was one of the tenant's parents who actually paid the money and the tenant gave us a cashiers check. The tenants are in their late 30s.In any ...
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I will most likely move in with my fiance in a year or so & rent my condo out. With mortgage rates very low, I'm thinking of refinancing my condo in anticipation of this move.Currently my mortgage principal & ...
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Hi everyone, I was talking with an investor friend the other day and he asked me a question I didn't have an answer for. He asked "So if I were to invest 100k in a multifamily deal, how much would I make total over a ...
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Obviously a wise person would put away 6 months to 1 year of operating expenses for any property. Assuming that one did this, when following the 50% rule, is the property then labeled "self-sufficient?"
If this is t...
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I have a 3 family under contract in massachusetts. The closing date is end of the month. It is a house built in 1914 and I just received a disclosure from the seller indicating that "seller has no knowledge of lead pa...
Hello,
Since I started investing, I have allowed myself to be the recipient of many gurus and people trying to sell mentoring programs and other services aimed at newby investors. Some I have found very helpful, and ...