![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1967639/small_1621517151-avatar-russellp47.jpg?twic=v1/output=image&v=2)
When looking to purchase your first investment property, would you prefer a short term or long term rental plan?Would love some pros and cons! Thanks!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/669175/small_1621495110-avatar-nickk39.jpg?twic=v1/output=image&v=2)
I am going to keep this as short as possible because I feel I could write a book at this point.I bought a duplex for $60k 1.5 years ago (my first and only property so far). It was ripped down to the studs and remodele...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3152321/small_1733149724-avatar-jamesk758.jpg?twic=v1/output=image&v=2)
I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/562979/small_1713625919-avatar-stevenw39.jpg?twic=v1/output=image&v=2)
Let’s start a list of issues with the property it self and how we fixed them:1. Painted over wall paper - used a belt sander with 60 grit, then a skim coat mud, then normal paint prep.2. Not enough matching doors - re...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1180297/small_1621509935-avatar-toddp69.jpg?twic=v1/output=image&v=2)
Hey BP peers! When does this RE stuff actually become passive income? It’s been a trying month for sure. I work that full time job, manage 29 doors, and flip for profit and debt reduction. But, on April 12th I get a c...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/190548/small_1621432102-avatar-mindyjensen.jpg?twic=v1/output=image&v=2)
Harvey damaged 203,000 homes in Houston - at least that's the number I read this morning. I'm sure it's going to go up. I read 90% of homes destroyed did not have flood insurance.Irma looks to be headed to Florida. Sh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2219568/small_1706891064-avatar-travist135.jpg?twic=v1/output=image&v=2)
AirDNA published their annual list, and the markets topping it are: 1. Peoria, IL2. Fairbanks, AK3 Akron, OH4. Columbus, GAYou can go look up the remaining 21 markets, but you get the idea. The industry is mature and ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1493525/small_1621512872-avatar-tonyr157.jpg?twic=v1/output=image&v=2)
I've seen it on both sides so lets settle this here and now.*Slides weapons across the floor* One side says if you offer them options of what you're planning on doing that keeps you in the clear. Something like "Buy...