Hi BP,Curious as to where you are buying your short term and Vacation rentals / secondary homes currently? I have a small amount 1031 exchange money that I need to put to work and I'm considering going the short term ...
With everyone and their mother buying up STRs, what is the proper way to assess the asset without overpaying for it. Numbers from 2021 and 2022 net income will be more difficult to get going forward with increased su...
Recently 2 new grads from out of State applied to rent my vacant 3 bed apartment. (They are hoping to find a third roommate soon) They haven’t got jobs and don’t have enough savings, so we ask for a co-signer. However...
This is not your
situation, but just to walk through the different thought processes
in Holding/Selling that a friend of mine is going through.
Helped my friend get
into the Self Storage business and walked him th...
I know this subject has been discussed numerous times in various threads on BP, but I'm going to bring it up again.
I am looking for feedback from anyone that has gone from investing and managing their own properties...
Hello Providence!So I am looking to buy my first property (ideally sooner than later) ... My timeline could be 3-6 months if I went conventional, or much sooner if I went FHA through Rhode Island Housing. I have a few...
Hello BP,I am not renewing my current tenant's lease after 6 years...lots of late payments, damage, and disrespect as i live in one of the units in the duplex. I posted in postlets for new tenants and have been scree...
I often seen discussion in BP that the house price is too high, there will be next crash coming. I am curious what people would do if you have $1m available at this time? Will you hold cash to wait for downturn so you...
Hi BP Community,I am 24 years old with 65k saved and really pushing to becoming financially free as soon as possible. Many members mention buying small multi families until they are financial free - but how long with ...
Cost to buy anything is Colorado is so high now that by the time you add rehab expenses and then have rent taper off on the other end BRRRR starts to no longer make financial sense. Maybe I’m just inexperienced or no...