Lauren Daly
Hotel to condo conversion
Has anyone run the numbers on converting a hotel into a condo?
There is a 115,000 sq ft, 15 story + basement, dilapidated hotel 1 block away from the town square in my 100k+ person city. It's selling for under $500...
Leigh Ann Smith
Annnnd now I think my first VRBO guest is a scammer
So, this woman paid $573 in advance and she owes another $573 on the day of check-in, which is today. Yesterday she messaged and asked if she could check in early. She's from out of town and is working nights at a h...
Braden Leonard
First post, starting out (kinda)
Hello BP! Just recently joined after starting to look more into acquiring more properties with the aim of eventually being able to replace my current income with rental income. I'm in the Triangle area in NC.I have ac...
Jacob Smith
How To Find Motivated Seller for Free
My partners and I are going through Harris County foreclosures looking for properties we'd like to buy! Here's how we do it.go to:http://www.cclerk.hctx.net/search data base ->foreclosures ->select file date for...
Brad Clarizio
New to Board- Semi new investor with questions
Hey everyone,I wanted to introduce myself since I plan to spend a lot of time here.My name is Brad and I live and invest in Columbus, OH. I purchased my first flip house (condo) at the age of 20 and built from there, ...
Albert Tsang
Pay down higher interest loan or pay down largest monthly mortgage payment
Assume you have 10 SFHs with different purchase prices and all of them have different interest rates and monthly mortgage payments. If you are at a stage of consolidation and want to pay off the 10 SFHs as fast as you...
Owen Thornton
What makes making an LLC such an attractive option
When you are choosing to keep rental properties to yourself, or creating an LLC, what do you do? Can you still have a rental property business “ while not officially having a title such as an LLC
Sean Forest
Buy another rental property, or pay off second mortgage?
I'm in the position where I will soon either buy another rental property, resulting in $500/month cash flow, or pay off the balance of a second mortgage which would also result in $500/month additional cash flow. Both...
Ravonne Evans
Questions on BRRRR - first time home buyers
So I have excellent credit, and looking into houses for around 180-200K in Florida, in a military community. My plan was to rehab small cosmetic fixes then refinance in about a year because I will be living in it, the...
Kelley Lefmann
Private Lending Terms
If one goes with a private lender (good relationship) vs. bank or prof. hard money lender, but seeks 100% financing for the first deal - is it better to go with a debt or equity partnership? Would love any input from...