Does anyone find that STRs have higher need for repairs than long term rentals? When analyzing, what percentage of gross income do you set aside for cap ex and maintenance?
There is a great discussion on BP about LLC usage and caveats for REI properties here which highlighted the need for competent CPA who understands these waters. This may seem self-evident but can I get some feedback f...
I know one lady who is preparing retiring and want to sell her mobile home park.I want to wholesale the property if possible.Can any one explain how would be the wholesale process or any resources to study wholesale a...
Hi All,I have been doing research into whole life insurance. I finished a couple of books regarding the topic. I especially enjoyed R. Nelson Nash’s Becoming Your Own Banker. I am aiming for a policy where my cash val...
Hi everyone,My name is Sammy Marshall and while I live permanently in Illinois, my wife and I are looking at purchasing our first house for STR in Saint Augustine, FL. I have listed to several Bigger Pockets podcasts ...
Hello!
So recently I came across an off-market deal in my area. I called the number on the sharpie marker sign and a few days later I met up with the owners and walked the property.
it's a well maintained (on the ou...
Hello!New to investing. I just want to ask some advice regarding next move in acquiring my 2nd rental property (Occupied). Preferably another Duplex and wants to take advantage of low down-payment options. Situation: ...
Are there any hard money lenders that work with first time investors ?
Hey Everyone! I'm a new out of state real estate investor looking to purchase my first real estate rental property in the suburbs of Chicago. I have a few questions on managing and operating the rental from out of sta...
Hi all. I am a new real estate investor and interested in househacking/purchasing my first multi-family as a 2-4 unit as my primary residence and renting out the other units. Does anyone have suggestions on sourcing m...