Hey there! I've been looking for our next STR investment and have been drawn to the Smokies...like so many other investors. I, of course, am looking for a deal. A diamond in the rough that we can improve and then incr...
Why?Didn't want to hijack the other thread but it seems like this is the question investors should be asking themselves. If you can consistently receive $700 rent on a $30,000 purchase then why doesn't the market bid...
Hi BP, I am currently evaluating a property where I know a cash offer is looked upon favorably compared to purchasing with a conventional mortgage. I am in position to make a cash offer this week. Since the process ...
I purchased a property in Dallas PA with a HML for $70k and put $70k into it. As you can imagine it was completely redone. The HML required an after repair appraisal And the appraisal came in at $200k. I went to do a...
I am hoping someone on these forums can help me out with understanding what the best way to leverage but not become deeper in debt. My husband and I own multiple SFR's, condos and a few small (du,tri,4plexes) some of...
Been looking at OOS small multifamily properties and I'm curious what the not so obvious differences are. What does one need to know when looking at a 6 unit building as opposed to a 4 unit? What changes when a buildi...
Hello folks, I need your valuable expertise in this one.My first flip hit the market last Nov and it's kind of stock. I need advice on strategies to move it quicker, if possible. Below are some details.Area: Kissimmee...
I'll be visiting McAllen, Texas next month for a couple days to look at some properties. Will also be visiting San Antonio and Austin while I'm in Texas. Was wondering if anyone has any background information on McAll...
My partner and I are in the beginning stages of our real estate business. We have flipped a couple properties and would like some constructive feedback on our newly created business plan.
Thanks for looking and we l...
Good evening BP. I have a few questions that I'd like to bounce off of the community regarding a couple properties that I have under contract. 1) Do I have to honor the full terms of the lease or am I able to move ...