Roy H.
How much work are STRs really?
Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...
Thomas Flint
Multi family investments in the Hudson Valley NY
Hi all, I’m new to BP and am looking for some advice investing in multi family properties in the Hudson Valley NY. I have cash to invest but I could burn through $200k fast in 25% down payments so the Brrrr concept wo...
Marissa Turrubiates
How to negotiate RE acquisition specialist compensation
Hi everyone! I recently received an offer letter to start helping a local wholesaling company with acquisitions. What would be a reasonable commission to negotiate? Could I negotiate base pay? This company just starte...
Brian M.
Newbie, high income, not a lot of time - Where to start?
I'm in my young 30s in a high-paying tech sales with position no plans of leaving my 9-5 any time soon. I have about $150k sitting on the sidelines and have investments in equities and a bit of crypto, but want to get...
Venkat Tarakad
Seller not responding to a pool inspection
We put an offer on the house which has a pool. The offer was accepted. Home inspection was done and the seller agreed to fix few basic things. Septic inspection failed and the seller agreed to fix that. The pool inspe...
Brian Goodwin
Searching for 1st rental...turn key or realtor/PM team???
Hey Community!I am interested in purchasing real estate out of state (live in SF) and was leaning towards using a turn key outfit just for simplicity. I understand that there are some good ones and some bad ones and h...
Dan Smith
Kicking Our Tenants When First Buying - MA
Here's my situation:I'm closing on a three family house in Massachusetts for December 4th. Currently the first and third floors have tenants, the second floor is vacant. Both current sets of tenants have lived in th...
Jessica Stern
Self-manage vs property manger?
Hi everyone,I am about to close on my first two properties in Philly next week (woohoo!) and cannot decide if I should hire a property management company, or self-manage the future renters.
I have a full-time job an...
Chris Seveney
What is the biggest waste of money new investors make
Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
Michelle T.
Exit Advice please! - help restore my faith I can do this
Hello BP - I tried to keep this short.I purchased my first and only investment property mid last year. I have had quite the unpleasant, while very educational, journey and now find myself lost and not knowing which di...