Steven Westlake
Event hall as a rental ????
So here’s what I found, an event hall building for sale. It has plenty of off street parking. Basically it’s about 2500 sq ft rectangle building with a kitchen and his and her restrooms in the middle and 2 large open ...
James Thierbach
Someone talk me out of (or into) bying this property.
I'm looking to purchase my first rental property by the end of the year and I've been scoping out out-of-state opportunities (I live in So Cal). I've seen a lot of people mention Toledo for cashflow, so I started look...
J Adams
Interest-bearing security deposits
I have looked into the subject of interest-bearing security deposits and I have a few questions about the setup. So in California there is no law that requires this. I am asking because I view it as a benefit to the t...
Kyle Burrows
Unapproved Pet - Not on Lease
Hello BP! We are managing our first rental property and have come across a concern with pets at the property. We approved 1 dog (specifically identified on the lease) for the tenants. We recently learned that they too...
Benjamin Summers
An Introduction to Option Strategies in Real Estate
One of most prolific and powerful tools of “creative” finance in real estate is the lease-option, but this tool represents only the proverbial tip of the iceberg when it comes to the most powerful breed of derivatives...
Cody Dastrup
Best markets to do 100k in rev
Hey everyone! I just secured my 2nd STR and in May entered year 2 of my STR journey. The 2 properties combined should do about 95k in rev next year on about 3.7k in monthly payments ($370k and $260k purchase prices re...
Kevin Chen
Purchasing and Managing Out-of-state Property
Hello BP!I am new to the site, so apologies if my initial questions seem basic. I was wondering if any of you have enjoyed sourcing properties in states you do not live in and managing those properties remotely? I was...
Charles Adams
LLC vs Personal Ownership?
Hi All,I'm looking for my first investment property in Northern KY / Cincinnati. I've been pre-approved, but that was through my personal credit. (DM me if you have any off market deals in the ~<$150k range)If I wa...
Billy Amberg
The 203K Loan - Open Discussion
BiggerPockets Community,This is directed at those of you who are interested in the 203K loan. Done one or more 203K loans? Great! Share a success or horror story!Never done one? Also great! Hopefully my post can get...
Devin Samuels
I am a beginner who is looking for advice.
Hello, I'm 19 and am currently in the military. I'm looking to buy rental property once I finish my contract and I could use some advice if anyone is willing to share. I have a good amount of money saved up and I am c...