Hi everyone. I am general contractor and thinking to build my first vacation rental.
I absolutely unexperienced in field of short rentals I have several questions.
1. Is it important you have vacation rental in Nic...
I currently have 3 properties. I am using a family members line of credit on their house to build an ADU in the back of my 2nd property and I will be in debt to them approx. 100k plus about 8-10% interest. They aren't...
Hi Everyone,
I have a signed purchase agreement on rental house #4 and had the home inspection today. One thing that is needed is about a 40' x 20' section of the concrete driveway needs to be replaced. I...
Dear BP! I just wanted to share my story with all of you and hope that it will motivate you and give you hope. My story will show some of the lessons I learned during the last few years. First, it doesn’t take as much...
Hi,My first post here as a pro member, but looking forward to contributing and I wanted to get your thoughts on our unique scenario.About 3 years ago, I purchased a single family home in the central Austin corridor fo...
I'm looking into a 4-plex that has a coin laundry room. I was analyzing the deal, and I was wondering how to estimate how much monthly income would a laundry room bring in for a 4-unit multifamily property. How do you...
Where do folks keep their cash reserves, any recommendations on banks or savings accounts, CDs, etc that offer at least some interest? Perhaps an online bank (only) that offers at least some return?Of course, for a lo...
I recently found an on-market move-in ready townhouse in Phoenix AZ which doesn't have a super high cashflow (my target is 8%+) but it's close to it:- Cash to invest: 177k (175k purchase price + 2k closing costs)- RTP...
I only began educating myself a couple of months ago here, I have learned a lot and I know I have much more too learn (there is always more to learn!). I have been fairly successful in my W2 career, not always happy ...
The purpose of this post is not to ask a specific question or write about a specific situation/event, but rather to start a general discussion around the three alternative investments named above.Commerical MF: Divers...