Matt Merriott
1st time STR purchase question
So I made an offer on a 1bd 1bath STR that grossed 15k last year on VRBO only with a flat rate of $150/night year round. 85 nights booked with 36 individuals. This is a lake property so one would think it’s seasonal. ...
Steven Barr
Having contractors purchase on your Lowe's/Home Depot Pro Account
Hi BP!
We are thinking of opening up a Pro account at Lowe's and Home Depot. They have a program where your contractors can come into the store and pick up the materials that you order. It is just billed to your acc...
Joe Latson
SFR Acquisition Strategies
During supply-constrained cycles like the one we’re in currently, being good at sourcing can be one of the most value-accretive, yet challenging, aspects of real estate investing. Not only must investors move quickly ...
Michael Nelson
Are there any cash out refi options at 80/20 LTV?
I have a few deals coming down the pipeline and want to free up as much capital as possible.senario property appraised value 430,000amount still owed 220,000
Alfredo Trevino
Cash Refinance Question
Hello everyone, this is my first post. I tried using the search button but was unsuccessful finding the answers I was looking for. I have decided to purchase a house and doing the rehab out of my own money. Regarding ...
Sam Silverman
Why I made the switch from active to passive investing
#1 – Headspace and Mindshare
Last Tuesday at 2:13 PM in the middle of a client meeting, I received a call from the property management company that manages my three remaining single family houses -- I was asked to ap...
Akshay Wattal
What happens to the rents paid by the tenant when PM company goes out of business?
Hi all,The owner of the property management company managing by rental unfortunately passed away a month back. Their attorney had reached out and mentioned that the company was out of business. The tenant had prepaid ...
Tom R.
Would you rent to someone with a past eviction?
Ive got a prospective tenant with an old past eviction. My original rule was no evictions but I know people change. Just 5 years ago I wouldn't have considered myself rentable. And she is willing to have a cosigner on...
Michael Plaks
Tax reform Q&A Thread 2 - Depreciation and Section 179
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of depreciation and Section 179 changes in...
Anya K.
Non refundable cleaning fee upon move out
Hi BP community,Is anyone charging a non refundable cleaning fee at end of lease or taking one out of the deposit? I am thinking of writing one into my lease. That way at the end of the lease I can line someone up ahe...