Here is a break down of a deal I am working on with a first time out of state investor. I am working with him as his realtor, but will also manage the rehab and do the property management down the road.
Investor is ...
As of today (3/28/23) I have city approved and stamped plans with all permits paid but my financing has fallen apart, tryign to get this goingWhile I have history with rehab projects as well as buy and hold room renta...
My goal is to owner occupy a 2 family house in Yonkers, NY. I would live in the property myself for ~3 years give or take and the goal would be once I move out to have the property fully rented and cash flowing. Ideal...
I'm thinking about purchasing a property in Chicago IL that is already rented out to section 8 tenant. Does anyone have any advise for a first time investor that is out of state?
Does anyone have any thoughts on the STR market in Angel Fire, NM (or Taos or Red River in that area)? I'm in Central Texas and am looking for a STR destination that could be used for a few days (or a week) once or tw...
Let me preface this post by saying this is going to be my first property purchase. With that, I want to do everything in my power to ensure that this deal will be a positive experience. I have recently found a 2bed/2b...
Hi BP,My name is Michael Lembo and I'm a CPA in the Syracuse, NY area. For various reasons, including but not limited to my desire to improve my financial well-being so I can better provide for my family, I recently s...
Hello everyone!My name is Yan Linwood. Like a gazillion other people, I too, read Mr. Kiyosaki's "rich dad poor dad" book and got excited about the real estate business. My dad had been shoving that book to me since I...
Hey BP!!Wondering if in your markets for your STRs (Short Term Rentals) are you seeing the ADRs (Average Daily Rates) a lot lower than what you were originally forecasting for the year, and are the majority of your bo...
I am looking to build a SFH portfolio and I would like to use leverage and put them inside an LLC. Im really not a fan of commercial debt with rates that adjust. At that point id probably just pay them off completely....