We are in the process of closing on a house that we are going to make a short-term vacation rental.  This is our first rental property of any kind.  Since this is only a single STR, we were weighing the option to self...

Hi All,There is a 6 unit complex that I made an offer on and the owner came back with the below counter as the owners are old and ready to retire:Purchase Price of 525KDown Payment of 100KThe Seller would Carry the fi...

A co-worker (we will call him Charlie) just inherited a 14 unit property. They have no interest in being the owner but know that my husband and I have been considering real estate investing. With that said, we only k...

I've been in the Property Management industry for around 10 years and it always baffles me when landlords choose to manage their own units. I'm curious to hear reasons why you WOULD want to manage your own units.  Bel...

When i started investing 14 years ago while living overseas, here is what I imagined in my head. A PM will collect rent, have periodic friendly interactions with my tenants, handle maintenance issues the same way they...

Hey BP! I figure I should just ask the wise BP community, but I've seen and heard different answers as to how long of a period one has to shop mortgage rates and to still be considered just one 1 credit pull. In some ...

My checkbook IRA owns a rental property. The rental income just sits there in a non-interest bearing account until I invest in something. This bugs me. I am currently self-managing the property but I'm considering swi...

Flippers, what's the best way to organize your bank accounts?
I have a personal account and an LLC business account.
Currently, I keep the bulk of my money in my personal account and transfer funds as needed to my LLC...

I'm curious what the day to day looks like for someone who invests in multifamily properties. I'm gathering information for my first purchase, so I'd like to see the kinds of things involved in running this kind of in...

Does anyone have experience managing a short term rental long distance? My family and I are considering using our primary Florida residence as a STR while we live in another state for a season. I researched our area u...