Any AirBNB folks in here,
How do you qualify for mortgages on a second/vacation rental? For my next purchase I wanted to buy a place I could use as an AirBNB. Looking around I found this place I loved but it is fai...
I have the opportunity to purchase two condo units within a complex. Has anyone done the same before? Whats the best route on these? Reason I am interested in this is because it is on a college campus and can be lease...
I’m meeting with an agent tomorrow about a 4-plex that’s already rented. What questions should I be asking to understand more about the property and if it makes sense to move forward?Thank you!
Closing tomorrow on a 5 plex in Superior WI. In the past, my old CPA told me a cost seg study wouldnt be worth it on a commercial building I owned that was only 295k. His reasoning was the amount I would save would be...
Hello everyone on BP, I am new here. My husband and I have done 2 live in flips and are currently living in our 3rd one. However, we love this house. We cannot sell it as of yet for many reasons. That said, we just re...
Hello, I recently purchased a property as a first time home buyer and regret the decision. I now have the home up for sale attempting to get someone else to buy it. I haven't had any requests to view it in a week sinc...
The offer was accepted late Monday evening (October 3rd, 2022). The closing date chosen is October 21st. My agent chose this date. There are 18 days between these 2 dates. Since this is my first time purchasing a home...
I am hoping someone can offer me some guidance. Any advise is greatly appreciated! I purchased a quadplex at sheriff sale for $51,000. It is in rough shape-tree growing through the middle, needs new roof, termite dama...
Good morning, I currently have 2 properties that I'm looking at for my 1st deal, but when I put the #s into the BP rental property calculator, it looks like the cash flow is minimal or negative. Am I doing this corre...
(Updated version for all BiggerPockets members to enjoy.)If one portfolio manager forecasts a return of 20% on a real estate investment and another one forecasts a return of 15%, which one is the better choice?Answer:...