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I started my STR in Galveston at the end of February this year. I've averaged about 85-90% occupancy so far, and all but one booking has been through AirBnB, the other being VRBO. As we are getting closer to the end...
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I came across a possibilty I saw and am currenlty waiting on some info from my real estate agent. Just looking to run this one by you guys.
Legal 2 family with Fire damage upstairs and "extensive" water damage. (Ac...
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If all goes well tomorrow, I'll own a factory. Pretty much comes down to the environmental certs. 12,000 plus square feet, new rubber roof, new dry sprinkler system, 50 foot ceilings, 600 amp 208/120 3 phase power, su...
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Hello. I have some potential tenants that are interested in renting an apartment sight unseen above and beyond some pictures online. They are from away. Should this be considered a red flag even if they seem to fit...
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It's time to do my first eviction! I purchased my second property in August, so I have inherited tenants and the old landlords lease. Tennant has not made February payment and has now stopped responding. I posted a...
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Hello BP Community,
So here we are at our 1st turnover on one of our properties. Now, that our tenants, who at first agreed in May of 2019 upon signing the lease, to direct deposit their rent and paid for only 1 mont...
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Hello,Me and my wife own a condo in Texas. Our tenants moved out on May 31st, and left the place in bad condition. Dirty floors, dirty stove, etc. Before moving in last July, we asked them for a $900 deposit.We agreed...
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I have one property, a house. my husband and I hired a property management company last year. From day one, they have been awful, irresponsible, etc. Long story short, the lease is up, the renters are moving. The PMC ...
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I'm starting to analyze one deal per day for practice.Is there a quick way to calculate rehab cost and ARV (without overthinking it) before making a thorough analysis of property?
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When syndicating a deal, a good CoC return is considered to be greater than 10%. Are fellow syndicators aiming to achieve this as an average over the life of the deal or from day one of the deal?For example: The busin...