Hello! I own a duplex, live in one side and rent out the other. I had the previous side rented WAY under value ($850 with utilities included) for the past 2 years. My previous tenants moved out and I currently have th...
New to hosting and currently hosting our first problem guest. A guest with no reviews asked to book our place for two guests since she will be spending time with her sister for her sister's birthday. I asked if she re...
I’m evaluating my first deal and staying local (Washington DC) means high prices and low rents. I would tie up most most of my initial investment cash in a property that barely generates cash flow from what I see her...
Maybe it's me but I'm just curious if anyone has noticed that some of the newbies seeking knowledge appear to be less serious than before. When I first started coming here people seemed hungry. They were researched, h...
Hello everyone! I currently manage 3 Airbnb properties and was searching for purchasing my own Airbnb property. Because I am not financially prepared to purchasing property, It was suggested that instead of purchasing...
So, a while back I posted a question about having multiple investors all making small investments to my LLC. That sounds like it's really hard to set up because of the SEC rules.
I have a different idea I wanted to ...
So, I bought a house from a nice older couple. It was their mother's house, and they live next door. The two lots are totally fenced in together with no fence between them, and in total they're 1 acre (I have 0.6, and...
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Do you give a down payment to a Contractor before he does work?
I'm having a hard time finding contractors that would do work without a down payment.
I feel like even with a contract, a contractor could just walk ...