Patrick R Morrison
Trailer / RV site rentals
Hello BPers! Crazy question for anyone who cares to chime in. Has anyone had experience developing land for rv / trailer pads for short term vacation rentals? If you've seen my earlier posts, we have a large property ...
Kevin Siedlecki
Looking to rebuild a portfolio with turnkey
Hello BP!
It has been a long time since I've been active here.
From around 2010-2020 I built and managed a small-medium-sized portfolio in my area (which is not an ideal market). I sold most of my properties when C...
Reed Meyer
Advice for Investing with a Full-Time Job
I am graduating from college in a few weeks and start a full-time job in Chicago in July. As I start investing in real estate does anyone have advice for investing on the side of their full-time job? Do you mostly foc...
Manson C.
Is Cashout Refinance is a Good Exit Strategy?
Hi,People always talk about how they purchase a rental property, wait a few years for it to appreciate, do a cashout refi to recoup their initial down payment, then whatever they earn in the future is infinite return....
Shaun Palmer
Freshbooks vs. Quickbooks
I am looking to make a move to use a professional accounting system as I currently manage 5 properties and am using an excel spreadsheet. Time is money and I am trying to continue to grow so I am looking to simplify ...
Randy Dubiskas
Potpurri of Questions for Out of State STR
Well now it's getting real. Put an offer on a house in Prescott, AZ (red hot market like so many others right now). My intention is to go Short Term Rental via VRBO or similar. I have to makes some decisions in a sh...
Kellan S
Looking for a Cleveland Property Manager for MTR
Hi everyone! I have a 2 family property in the Detroit-Shoreway neighborhood and am looking to turn it into a MTR. My current property manager said he's not equipped to handle MTRs at the moment, and basically said i...
Bill Gulley
How Profitable Is Property Management?
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Brandon Hall
Market Dilemma & How to Identify a Good Neighborhood
Hello Everyone,
I am new to BP and sort of new to REI. By that I mean, I have taken college courses on REI and I understand the basics. I graduated college last year and have since saved up a little over $15,...
Lakisha M
Working with Potential sellers - LO/Rent to Own
I've been contacting NJ housing for rent and FSBO ads on Craigslist. I'm finding many sellers don't know, are unaware, or confused by what a rent to own, lease with the option to buy is.
Any suggestions on a simple...