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Just wanted to thank the BP community for convincing me to get my real estate license. The past few weeks of studying were quite difficult, but today I overcame all those obstacles to pass my Maryland salesperson exa...
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Hi everyone,
I’m conducting some research on what impacts the performance of vacation rental properties the most. For you, is having a 5-star overall rating on rental sites the most crucial factor for success, or are...
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Hello fellow BP Members, I started as an out of state investor in Kansas City 5 years ago. I made a ton of mistakes but real estate tends to be pretty forgiving. Investing in out of state real estate from California c...
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Hello All,I am looking to jumpstart a (NJ) RE business (flipping/buy & holds) and was wondering whether I would benefit more from obtaining my RE license or finding a good agent? My main concern is that if I'm fli...
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Hi investors,My first tenant moved out after 7 years and it is costing me $7-8k to fix! What's your average move-out reno cost? And how many years of cash flow is it wiping out? This is my first move-out and I"m fi...
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I was reading an article and there were some hypothetical situations and one of the things ended up being a pretty clean cash offer at ~$200K for a rehabbed house.
What I could not get past is that I just can...
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I can't seem to find a definitive answer to this.Some people say that the limit is 10 properties (not loans), so even if all 10 properties were under 1 loan, you would be at the limit. Is this the case?Also, does it m...
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A lot of this may be obvious to some of the readers, but I’m going to mention it anyway.I own other property in New York and Miami and incorrectly thought that this qualified me to do a flip. Initially, I had thought...
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I am interested to learn more about some general rules of thumb for refinancing BRRRR properties depending on cash flow. What have been typical loan interest rates and refinance rates you have personally experience. H...
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Quick background: I have decided to start building a portfolio of rental properties (multi family) mostly in the Boston area for now. After acquiring a couple of 6 and 7 family - 600K properties, I realized it is quit...