We have a home under contract. We are buying it at $45k and had an appraisal done and it appraised at $63k. We contacted a local realtor and their CMA says the house could be listed at$87k with repairs done.
The hou...
We like to invest in turnkey real estate in Birmingham, AL. Trying to see what the perception of Birmingham is with other investors. If you can get double digit returns on investing in Birmingham, would you invest there?
Hello,First off I want to thank everyone for their awesome information and time taken to read and answer forums. In the last few weeks I have been reading non-stop and been learning a lot. I have read a few books alre...
Hi! I'm Alex- I'm 27 and I live in Santa Monica with my wife. I'm getting pretty interested in real estate- I'm definitely new at it, but I'm a smart guy, a solid worker and I'm ready to learn and tackle this. Looking...
Hi everyone, I’m Terrence, new to rental property investing and excited to learn from this group. I respect the experience here and am eager to contribute as I grow. I’d appreciate any guidance or tips to get started ...
When @Tom Sharkey and I first started our STRs, we would collect the weekly garbage and take it out on 'trash days' to be picked up. Now we have several units (trash days are different) and don't have the time to go u...
I've enjoyed reading so many of these deal diaries that I wanted to add one I am working on right now. I really think there is a ton of value added to our community by sharing what the life cycle of a deal looks like ...
Greetings BPI have been looking at AIRBNB. Has anyone been able to scale an AIRBNB business? There has been a lot of chatter on BP about it. I am interested in hearing from anyone whose is doing it in scale and mak...
Hi y'all,I finally got my wife to be on board with investing into real estate, and we are looking to jump into short term rentals. As NYC makes STR illegal, are people avoiding upstate New York as well?
What is the best method for begginning to filter all this data. My thougts were:
1) Calculate mortgage based on purchase price and down payment
2) Apply 50% rule
3) Determine "potential" cash flow
4) Physical...