Hello, has anyone ever used the website myhousedeals.com to find properties? If so, do you find that the number in the listing are pretty accurate? (they often post Est. ARV and Est. Repairs, with a profit potential ...
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All,I hope you are doing great.I have an apartment 2bed/1 bath that I own and I am not sure if I should rent it out as a short-term rental/airbnb or long term. I heard the tax rates for short-term rentals are higher a...
I was having a chat with a co-worker over Slack about ways to keep costs low in rentals. He was in a different state than me, and had years more RE experience than I have. His background was acquisitions and purchasin...
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I've struggled, along with others, with the 2% rule. It has some drawbacks which I think can be improved upon with BP community help.
Simply stated, the income from a house should be greater than or equal to...
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Hello there! I finally decided to take the plunge and make an account here on Bigger Pockets after hearing many wonderful things about the community and, of course, learning about the forms after reading my first BP b...
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Follow along with me here. You owe it to yourself. I was tipped off by this from a client that we took over today.
I went to VACASA.com and booked this cabin for January 11-14. The nightly rate is $127. The tot...
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I have a seller of a 50 unit apt complex offering seller financing with a down payment large enough to pay-off his existing note. The downpayment would equate to about 12.5% of the purchase price.
My question: Is th...
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Hey BP!New investor here and I'm currently looking to buy my first rental property in the Philadelphia area. I've been shopping around for properties and I've been working with a broker to determine my financial opti...
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For the more expensive properties that go beyond being "good homes in good neighborhoods" for the average middle/upper-middle-class buyer, is it more likely that there will be different things that would attract someo...
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Hello Michigan BP Members!I am a new investor in the Royal Oak area. Does anyone have any experience in this area, could be surrounding cities as well? (Berkley, Clawson, Huntington Woods, etc.)I am interested to hear...