Carl Mccrory
Destin Florida AIRBNB/Vacation Rental- Condo or House?
Hey BP. I am looking at buying a property in Destin, FL for short term vacation rental/AirBNB. Should I buy a condo or a single family house? With the condos I am seeing HOA fees up around $800 or more per month. I wo...
Phillip Dwyer
First Post in the Henderson Sub Forum
Hey Henderson, Nevada BP Members,BP just added sub forums for each state and the largest cities within each state. I noticed no one had posted yet for Henderson, so I'm jumping in to get the ball rolling. This sub f...
Barry Hickson
Dollar General Store vacated and new store built next door
My in-laws had a property in Fort Deposit Alabama that was lease to DG for a couple of decades. Without advising them, Dollar General built a new store right next door to their store and now we have vacated 8000 squa...
Yuvaraj Vimawala
Need better Cashout refinance options
I am a local investor in Austin area and implement the BRRR strategy. I use conventional brokers in the area to find a cashout refinance option. I am really tired of spending thousands of dollars on appraisals, survey...
Michael Catausan
Help Analyzing Small Multiplex Property in Kansas City
First of all, I am a newbie RE Investor and just starting out on BP and enjoying reading all of the helpful posts. I want to be a helpful contributor eventually but you have to start somewhere. I have read a few rec...
Chuck Masters
Orlando / Disney Vacation Rental management rates
Looked at a vacation rental home today off 192 near Clermont. House priced to sell but the current management company is charging a 15% fee along with a $265 monthly fee for pool and pest control. This works out to be...
Ibrahim Hughes
'Blacklisted' by Wells Fargo for 'Flipping'?
As a realtor I'm representing an investor friend of mine who had an accepted offer on a short sale property where the lender is Wells Fargo.
The offer didn't get approved, despite it being for asking price and the bu...
Strat V.
looking to buy wholesale and do rehab but numbers inflated
My colleague, who is also a real estate agent called me up to assess a property that another investor wants to wholesale to us. Here is the scenario. The investors that want to wholesale the deal to us are asking 79K....
Raquel Brown
23k to refi??!!!!!
I’m at a total lost right now! l was just told I would have to pay 23k to refinance a portfolio rehab loan on two properties. they are only lending 70% LTV, my rental rates are $1785 and $1985, but the market rents in...
Pete Edmonson
Analyzing a 50-unit apartment- "The 1% Rule" ?
I have an opportunity to purchase a 50 unit apartment, along with 7 other SFR properties (14 doors total for those) from a retired old-school RE investor. He keeps telling me that he used to buy his properties using t...