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I was hoping that I could post this anonymously, honestly. Slightly concerned that I might catch a bunch of undesired feedback. The following post is purely to show that I have learned a lot on my first ground-up hom...
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So we take an application fee and use a company to screen all our potential tenants. Recently we’ve run into a situation where the screening grade came back as acceptable, not good or great, which left us a little wor...
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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. ...
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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...
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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 ...
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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
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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 ...
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#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...
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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 ...
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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...