Account Closed
Turnkey Short Term Vacation Rental Purchases?
Hi allI'm wondering if there are any real estate agents that focus on turnkey Short Term Vacation Rentals? I'm not location specific at the moment as I'm just starting my analysis trying to figure out where best to d...
Evan Stewart
Introduction to BiggerPockets
Hello BiggerPockets, my name is Evan and I have been listening to the podcasts for months now and finally decided to pop in and introduce myself. I am about to be 29 and currently active duty Navy stationed near the ...
Jeyo Punnakottil
[Calc Review] Help me analyze this deal
Should i be concerned with the total assessed value?Also where on the PDF report can i find the Total return because in one of Brandons podcast he mentions The minimum Total return he goes for is 15%View reportListin...
Laurence Whittam
Need Help - Inherited Tenant Vacant but Failing to reply!
Hi Everyone,I recently bought a few properties that were fully rented with Section 8 SODA Program tenants. I have been in constant communication with a tenant who has no been living in an apartment for work reasons......
Jeffrey Berry
BRRRR the best way to describe it to your non-REI literate spouse
Hello BP nation, looking for a little advice or a good article on how to best explain the basics of what a BRRRR is to my non-REI literate spouse. I just recently got her to read Rich Dad to understand "Assets" and we...
KJ D'Costa
Austin Flip - Too much to turn around?
So this deal fell in my lap out of nowhere, but it may be too much for a first timer.Sales price: $140kARV: $195k3/1 1160 sqfThe place is a wreck. There is no surface that can be left untouched. Rains over the weekend...
Denny Le
Offer on a 4-plex
Hi BP!I just recently sent in an offer for a 4-plex. Here's the numbers and situation:Purchase Price: $283,000.00Down Payment: 3.5%, so FHA loanCash Flow will not be at a positive since I am paying such a low down pa...
Matthew Otero
Can someone translate these lending terms?
I was wondering if anyone could break down an email I received from a commercial lender at a local bank. We asked about a business line of credit of possibly putting up some properties as collateral or maybe refinanci...
Anastasia Maddox
First deal, cold feet
Hello! After being outbid on multiple other properties, I am finally under contract on a duplex for 435k. It's a 1950's home, has long term month to month renters at 1200 each. On septic that hasn't had proper inspect...
Ryan Vienneau
New investor from Albany NY area
Hi All! I'm an investor living in the greater Albany NY area (Ballston Lake, near Saratoga). I bought my first house when I was 21, a distressed 2-family that I lived in while repairing and had renters paying 2/3 of...