Paige Harrison
STR structure and insurance
I am looking for some advice on how to best structure this STR agreement. My friend and I would like to purchase a vacation home, and it is already a successful STR so we would like to keep that up to offset the expen...
Stephen White
We Almost Got Scammed
My partner (@Joseph Cameron) and I recently attended a seminar about real estate investing thinking we were going to get to network with other newbies and get help from some seasoned investors. Instead we sat through ...
John Dersoe
Pay off mortgage or invest?
I am in process of selling in NY. After mtg paid, commission, taxes, cap gains, etc.. I'll have +/-425k left over. My new 30yr mortgage in Tampa is 1600 a month. 324k total. My monthly income is around 8k.. BUT, my bi...
Steven Thomas
Free Bachelor’s degree - what should I choose?
Hello,My name is Steven. I am new to the real-estate investing world. Recently I read Rich Dad Poor Dad, and it peaked my interest. I’m currently reading Brandon Turners books, and I have plans to read others. I want ...
Jesse Jones-Smith
Advice on keeping expensive house as rental and downsizing
Hi all,
I would love some advice on my specific situation. I’ve been interested in getting into real estate as a way to potentially have extra income and also have more of a safety net in retirement, either through ...
Bill Ward
Capex wipes out cash flow for a year?
So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...
Joseph Schweizer
My first investment property - An out of state deal
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $68,500
Cash invested: $14,000
Contributors:
Zach Lemaster
I recently worked with Za...
Jonathan Cheng
28y.o. from Oahu Hawaii, need guidance
Aloha everyone! I'm new to BP. I have been working as a Registered Nurse for 5 years at a hospital and my wife is a social worker for an insurance company who works mostly from home. If there is one thing I realized s...
Leon Lee
What is current CoC for STRs with and without 7% interest loan
Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
Account Closed
Are gas stations a bad investment?
My dad made a significant amount of money buying and developing gas stations in the 90's. he's held all of them since, collecting rent checks each month, all are on a NNN lease.He's wanting to buy more now and I perso...